Beer Institute Releases January 2024 Domestic Tax Paid Estimate

WASHINGTON, March 08, 2024 (GLOBE NEWSWIRE) -- Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for January 2024:

The January 2024 estimate is 11,400,000 barrels, an increase of 1.8% compared to January 2023 removals of 11,195,678.

Domestic Tax Paid - TTB
(31 Gallon Barrels)
Month	2023	2024	Percent Change	Volume Change
January	11,195,678	11,400,000	1.8%	204,322
YTD	11,195,678	11,400,000	1.8%	204,322

Domestic Tax Paid - TTB
(31 Gallon Barrels)
Month	2022	2023	Percent Change	Volume Change
January	11,605,709	11,195,678	-3.5%	-410,031
February	10,867,830	11,024,243	1.4%	156,413
March	15,387,646	14,650,304	-4.8%	-737,342
April	13,563,270	12,842,000	-5.3%	-721,270
May	14,451,198	12,751,000	-11.8%	-1,700,198
June	16,349,214	15,017,000	-8.1%	-1,332,214
July	13,970,237	13,233,000	-5.3%	-737,237
August	14,976,009	13,988,000	-6.6%	-988,009
September	14,431,528	12,911,000	-10.5%	-1,520,528
October	12,730,283	11,227,000	-11.8%	-1,503,283
November	11,751,754	10,950,000	-6.8%	-801,754
December	11,996,258	11,700,000	-2.5%	-296,258
YTD	162,080,936	151,489,225	-6.5%	-10,591,711

The February 2024 domestic tax paid estimate is scheduled to be released on April 5, 2024.

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The Beer Institute is a national trade association for the American brewing industry, representing brewers, beer importers and industry suppliers—an industry that supports nearly 2.4 million jobs and provides more than $409 billion to the American economy. First founded in 1862 as the U.S. Brewers Association, the Beer Institute is committed today to developing sound public policy and to the values of civic duty and personal responsibility. For additional updates from the Beer Institute, visit our website and follow us on Facebook, X, LinkedIn and Instagram.

Jeff Guittard
Beer Institute
2027372337
[email protected]

Source: Beer Institute

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