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Beer Institute Releases December 2023 Domestic Tax Paid Estimate

by GlobeNewswire
February 8, 2024
in Top News
Reading Time: 2 mins read

WASHINGTON, Feb. 08, 2024 (GLOBE NEWSWIRE) — Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for December 2023:

The December 2023 estimate is 11,700,000 barrels, a decrease of 2.5% compared to December 2022 removals of 11,996,258.

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 January 2024 domestic tax paid estimate is scheduled to be released on March 8, 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.

CONTACT: Jeff Guittard
Beer Institute
2027372337
jguittard@beerinstitute.org

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GlobeNewswire
GlobeNewswire
GlobeNewswire,is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
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