A study from the Craft Spirits Data Project revealed there are 1,315 craft distillers in the U.S. and the U.S. craft spirit industry reached 4.9 million cases and $2.4 billion in retail sales in 2015. The study also revealed exports of U.S. craft spirits reaching 523,000 cases in 2015. It further projected there is potential for craft spirits to achieve the same market share as the craft beer industry. The data was presented during the inaugural Craft Spirits Economic Briefing at Nomad Hotel in New York from the American Craft Spirits Association (ASCA), the International Wine and Spirits Research (ISWR) and Park Street. The Craft Spirits Data Project is a research initiative to provide factual information for evaluating performance and trends in the U.S. craft spirits industry.