Friday, April 10, 2009

Rising Tide of Beer Lifts the Economy

Was there ever really any doubt? When the economy's good we celebrate with a cold one at the game. When the economy's bad we drown our sorrows in beer. More accurately, you might suggest that beer is an intricate part of the economy because beer is an intricate part of our culture. Like "Folgers in your cup", the Mudville Nine, Mark Twain, and fireside chats beer is America.

The NBWA states that the beer distribution industry alone accounts for more than 91,000 jobs in the United States. Overall, more than 1 million people work in the beer industry, which creates $28 billion in payroll. When the taxman comes, the beer industry contributes more than $41 billion to the federal, state, and local governments in the US.

According to one article, the beer industry brings $13.7 billion to the state of Colorado and accounts for $1.2 million of their state, local, and federal taxes. The Baltimore Business Journal reports that beer alone contributes $2.25 billion to Maryland's economy and $4.29 billion to Virginia. In the Washington, DC, the beer industry has 3,388 jobs. It also generates more than $121 in tax revenue (federal and local). See how beer impacts your state and local economy at Beer Serves America.

Man, we are really thirsty.
Cheers!

1 comment:

TJ said...

Here's to alcohol, the cause of - and solution to — all life's problems.