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Beer Institute Releases December 2020 Domestic Tax Paid Estimate

WASHINGTON, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for December 2020:

The December 2020 estimate is 13,800,000 barrels, a decrease of 0.2% compared to December 2019 removals of 13,825,000.

Domestic Tax Paid - TTB

(31 Gallon Barrels)

Month

2019

2020

Percent Change

Volume Change

January

12,433,513

12,423,000

-0.1%

-10,513

February

11,430,829

11,325,000

-0.9%

-105,829

March

14,512,347

14,533,000

0.1%

20,653

April

14,231,974

13,437,000

-5.6%

-794,974

May

15,175,568

13,774,000

-9.2%

-1,401,568

June

15,878,059

16,216,000

2.1%

337,941

July

14,885,484

15,385,000

3.4%

499,516

August

14,369,816

15,000,000

4.4%

630,184

September

14,796,000

14,800,000

0.0%

4,000

October

13,168,000

13,250,000

0.6%

82,000

November

12,396,000

12,300,000

-0.8%

-96,000

December

13,825,000

13,800,000

-0.2%

-25,000

YTD

167,102,590

166,243,000

-0.5%

-859,590

The January 2021 domestic tax paid estimate is scheduled to be released on February 25, 2021.

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The Beer Institute is a national trade association for the American brewing industry, representing brewers of all sizes, as well as beer importers and industry suppliers—an industry that supports more than 2.1 million jobs and provides more than $328 billion to the American economy. First founded in 1862 as the U.S. Brewers Association, the Beer Institute is committed today to the development of sound public policy and to the values of civic duty and personal responsibility. For additional updates from the Beer Institute, visit our website, follow @BeerInstitute on Twitter, like the Beer Institute on Facebook, and follow the Beer Institute on Instagram.

CONTACT: Alex Davidson Beer Institute 2027372337 adavidson@beerinstitute.org