New Study Says Beer is Good... For the Economy

Categories: Beer Beer Beer
beer rainbow.jpg
Bad for your gut: good for your wallet.
Right now, everyone is getting all excited in anticipation of South Florida Beer Week. Mainly, the focus is on the art of brewing and, well, drinking. But a recently released study, by the Center of Applied Business & Economic Research, at the University of Delaware for the National Beer Wholesalers Association, gives Beer Geeks yet another reason to celebrate.

It turns out beer is good not just for your taste-buds and sense of merriment. It makes a huge impact--on the economy.

See Also:
- Funky Buddha Lounge's Ryan Sentz Talks South Florida Beer Week and Plans for 2013
- Cigar City Brewing at South Florida Beer Week: CCB's Phil Palmisano Explains Why Cans are Better and More
- South Florida Beer Week is January 19-26, 2013 (Check out the Initial Schedule of Events)

The study, which was based on 3,333 beer distribution establishments throughout the country--all 50 states and Washington D.C.--concluded that beer distribution generates $10.3 billion in revenue: almost as much as the $11 billion generated from consumption. According to the study that revenue is, "sufficient to fund nearly 400 million hours of public school teacher instruction or to provide maintenance of nearly 400,000 miles of highways in the U.S. each year."

In Florida, 125 beer distributors are responsible for 20,909 jobs in direct and indirect jobs, which accounts for over $6.3 million in tax revenue. When combined with community capital investments, charitable events, local economic development, and community involvement the total economic impact reaches $655,155,163 in taxes. According to the study, "The total taxes collected in Florida by federal, state and local governments are sufficient to fund 26,705,984 teacher hours or to provide maintenance for 11,114 miles of highways in Florida for a year."

Like you needed another reason to celebrate.


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paleal22
paleal22

"a recently released study ... for the National Beer Wholesalers Association"  

Yes, beer is good for the economy.  Yes, distributors play a very important role in many cases.  But this is a study released by Big Beer Distribution to defend their hold on outdated post prohibition 3 tier laws keeping small brewers from self distributing in most states (including Florida).  Anti-competitive laws that protect a "middleman" at the cost of free market competition.  

A brewery can certainly benefit from a good distribution partnership but that relationship should be voluntary and not mandated.  I think you'd see a lot more growth in the Florida craft beer market if these outdated laws were changed.  If you look at states that allow self distribution (Califronia, Colorado, Illinois, Indiana...) you see a lot of craft beer growth.  It makes it a lot easier and more profitable for small brewers to enter the market.  


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