Craft Beer with continued growth

Craft Beer with continued growth

Small Beer’s Big Impact: Brewery growth has driven tremendous job growth as well. The BA’s Economic Impact Report, a biennial analysis featuring economic data of craft brewing for all 50 states and the District of Columbia, showed that craft brewers contributed $79.1 billion to the U.S. economy in 2018, a 4% increase from 2017. Craft brewers were responsible for more than 550,000 full-time equivalent jobs, an 11% increase from 2017, with 150,000 of those jobs directly at breweries and brewpubs.

Record Brewery Count: Although final 2019 numbers are still being compiled, it is certain that more than 8,000 American breweries operated in 2019, a record number for the United States. At the same time, the competitive market led to more closures, and an estimated 300 breweries will have closed in 2019.

Innovation Nation: From Gose to hazy, from barleywine to non-alcohol and everything in between, America’s independent craft breweries continue to innovate and adapt to evolving consumer lifestyles, tastes, and occasions.

Source: Brewers Association

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