WASHINGTON, April 05, 2024 (GLOBE NEWSWIRE) -- Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for February 2024:
The February 2024 estimate is 11,900,000 barrels, an increase of 7.9% compared to February 2023 removals of 11,024,243.
| Domestic Tax Paid - TTB | ||||
| (31 Gallon Barrels) | ||||
| Month | 2023 | 2024 | Percent Change | Volume Change |
| January | 11,195,678 | 11,400,000 | 1.8% | 204,322 |
| February | 11,024,243 | 11,900,000 | 7.9% | 875,757 |
| YTD | 22,219,921 | 23,300,000 | 4.9% | 1,080,079 |
| Domestic Tax Paid - TTB | ||||
| (31 Gallon Barrels) | ||||
| Month | 2022 | 2023 | Percent Change | Volume Change |
| January | 11,605,709 | 11,195,678 | -3.5% | -410,031 |
| February | 10,867,830 | 11,024,243 | 1.4% | 156,413 |
| March | 15,387,646 | 14,650,304 | -4.8% | -737,342 |
| April | 13,563,270 | 12,842,000 | -5.3% | -721,270 |
| May | 14,451,198 | 12,751,000 | -11.8% | -1,700,198 |
| June | 16,349,214 | 15,017,000 | -8.1% | -1,332,214 |
| July | 13,970,237 | 13,233,000 | -5.3% | -737,237 |
| August | 14,976,009 | 13,988,000 | -6.6% | -988,009 |
| September | 14,431,528 | 12,911,000 | -10.5% | -1,520,528 |
| October | 12,730,283 | 11,227,000 | -11.8% | -1,503,283 |
| November | 11,751,754 | 10,950,000 | -6.8% | -801,754 |
| December | 11,996,258 | 11,700,000 | -2.5% | -296,258 |
| YTD | 162,080,936 | 151,489,225 | -6.5% | -10,591,711 |
The March 2024 domestic tax paid estimate is scheduled to be released on May 3, 2024.
###
The Beer Institute is a national trade association for the American brewing industry, representing brewers, beer importers and industry suppliers—an industry that supports nearly 2.4 million jobs and provides more than $409 billion to the American economy. First founded in 1862 as the U.S. Brewers Association, the Beer Institute is committed today to developing sound public policy and to the values of civic duty and personal responsibility. For additional updates from the Beer Institute, visit our website and follow us on Facebook, X, LinkedIn and Instagram.
