Memorial Day, which marks one of the top beer-selling holidays of the year and the start of the summer beer selling season, gave reason to showcase state reports jointly commissioned by the National Beer Wholesalers Association (NBWA) and the Beer Institute.According to the study, the beer industry generates more than $328 billion in economic activity, produces more than $58.6 billion in tax revenue and supports more than two million jobs nationally. Independent beer distributors directly employ 141,600 Americans, an increase of more than 19 percent in the last decade. Brewers and beer importers directly employ 69,928 Americans, and about 58 percent of brewing jobs are linked to large and mid-sized brewers and beer importers.
The new economic impact study also reports the beer industry contributes $3.1 billion annually to Connecticut’s economy. The study shows that the 21,347 jobs impacted by the beer industry in Connecticut account for $1.1 billion each year in wages and benefits. The industry also generates $597 million annually in business, personal and consumption taxes.
In Rhode Island, the beer industry contributes $876 million annually to Rhode Island’s economy and supports 7,161 jobs in the state. The study shows that the 7,161 jobs impacted by the beer industry in Rhode Island account for $284 million each year in wages and benefits. The industry also generates $184 million annually in business, personal and consumption taxes.
Full reports can be viewed here.