CORRECTION: Beer Institute Releases Revised December 2022 Domestic Tax Paid Estimate
WASHINGTON, Jan. 26, 2023 (GLOBE NEWSWIRE) — Today, the Beer Institute published a revised estimate of domestic tax paid shipments by beer brewers for December 2022 after finding an error. We regret any inconvenience this may have caused:
The December 2022 estimate is 11,900,000 barrels, a decrease of 14.1% compared to December 2021 removals of 13,848,277 barrels.
Final estimates for the 2022 calendar year for domestic tax paid shipments are 161,586,015, down 4.6% from 2021.
Domestic Tax Paid – TTB | ||||
(31 Gallon Barrels) | ||||
Month | 2021 | 2022 | Percent Change | Volume Change |
January | 13,156,930 | 11,606,664 | -11.8% | -1,550,266 |
February | 11,814,320 | 10,847,178 | -8.2% | -967,142 |
March | 15,044,789 | 15,253,488 | 1.4% | 208,699 |
April | 14,575,988 | 13,539,770 | -7.1% | -1,036,218 |
May | 14,953,923 | 14,415,915 | -3.6% | -538,008 |
June | 16,540,652 | 16,136,000 | -2.4% | -404,652 |
July | 14,502,392 | 13,968,000 | -3.7% | -534,392 |
August | 14,254,197 | 14,969,000 | 5.0% | 714,803 |
September | 14,525,748 | 14,257,000 | -1.9% | -268,748 |
October | 13,628,436 | 12,693,000 | -6.9% | -935,436 |
November | 12,502,568 | 12,000,000 | -4.0% | -502,568 |
December | 13,848,277 | 11,900,000 | -14.1% | -1,948,277 |
YTD | 169,348,220 | 161,586,015 | -4.6% | -7,762,205 |
The January 2023 domestic tax paid estimate is scheduled to be released on March 3, 2023.
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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 more than 2 million jobs and provides more than $331 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, follow @BeerInstitute on Twitter, like the Beer Institute on Facebook, and follow the Beer Institute on Instagram.
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