The nation’s diverse array of beermakers – from macro-plants run by Anheuser-Busch to local micro-brewing holes in the wall – churned up $350 billion in economic output last year, equal to about 2 percent of America’s overall gross domestic product.
That’s according to a new study published this week by the National Beer Wholesalers Association and The Beer Institute. The biennial report profiles brewers large and small and offers a state-by-state and district-by-district look at the beer and malt beverage industry’s impact on the American economy.
“All told, more than $63 billion in tax revenues are generated by the production and sale of beer and other malt beverages,” the report said. “This is equal to more than 41 percent of the retail price paid for these products by consumers.”
more recommended stories
Food technology and allied subjects
I am a final year student.
Safe food, from the farm to the plate
How often do we ask ourselves.
Why you shouldn’t eat late at night, according to science
As well as contributing to weight.
How to be healthy at work: the most nutritious lunches on the high street
Pret a Manger’s surge in profits, is.