Press Release:

New Study Shows Beer Industry Contributes Billions Annually to U.S. Economy

Report Tallies Jobs, Wages, and Overall Economic Impact

For Immediate Release Contact: Marc Destito, Beer Institute: 202-777-3528

April 23, 2007 Rebecca Spicer, NBWA: 703-683-4300

WASHINGTON, D.C. – America’s beer industry, made up of brewers, beer importers, beer distributors, brewer suppliers, and retailers, directly and indirectly contributes nearly $190 billion annually to the U.S. economy according to a new economic impact study. The industry’s economic impact includes more than 1.7 million jobs—paying almost $55 billion in wages—as well as more than $36 billion in federal, state, and local taxes. The study of 2006 data was commissioned by the Beer Institute and the National Beer Wholesalers Association (NBWA).

“This study shows that more than ever, America’s brewers play a pivotal role in promoting strong and robust economic growth throughout our country,” said August A. Busch IV, president and chief executive officer, Anheuser-Busch Companies, Inc., and chairman of the Beer Institute. “Brewers in all 50 states have been supporting the economy in their communities for generations, creating jobs for their neighbors, tax revenue for public services, and promoting alcohol awareness responsibility initiatives for retailers, schools, and families.”

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