Economic Impact

The beer industry is a leading job creator and economic powerhouse. The Beer Serves America study from 2022 concluded the industry supports nearly 2.4 million American jobs and contributes more than $409 billion to the U.S. economy.

Unfortunately, the beer industry has seen a dramatic decline both in jobs and sales due to the COVID-19 pandemic.

Any tax increases on the beer industry would result in additional job losses for brewers, beer importers, and the millions of Americans whose livelihoods depend on the industry.

Resources

• Press Release: Beer Institute Praises U.S. Congress and President Trump for Extending COVID Relief to Millions of Americans
• Conservative and liberals agree: Keeping excise tax rates low for brewers and beer importers makes sense
• Beer Institute position on the federal excise tax
• Beer Institute Poll: Americans Want Congress to Make Tax Relief Permanent for Brewers and Importers, Examine Aluminum Market