Have a Beer! It's Good for the Economy

beer Who knew how much brew could do for me and you? A new economic impact study shows America's beer industry, made up of brewers, beer importers, beer distributors, brewer suppliers and retailers, generates more than 1.8 million American jobs -- which account for $71.2 billion in wages and benefits. The industry also contributed $44.7 billion dollars in the form of business, personal and consumption taxes in 2010.

Not only that, but the American beer industry contributes $223.8 billion each year to the U.S. economy, according to a study commissioned by the Beer Institute and the National Beer Wholesalers Association (NBWA).

"Brewers across the country, large and small, remain an integral part of their communities. Not only do they promote alcohol responsibility programs for local retailers, schools and families, this study shows they also create sustainable jobs and important tax revenues that contribute to our nation's economy," said Dave Peacock, president of Anheuser-Busch and chairman of the Beer Institute. "America's brewing industry continues to play a significant role in supporting the economy in each and every state."

According to their study, the beer industry directly employs more than 1 million people, paying $32.5 billion in wages. Beer sales help support roughly 900,000 retail jobs, including those at supermarkets, convenience stores, restaurants, bars, stadiums, and other outlets. Supplier and induced impacts generate nearly $135.7 billion in economic activity in all industries specifically agriculture and manufacturing. And then there's the money the individual brewers spend on advertising campaigns and sponsorship, which adds up to billions more.

The beer industry wants those of you concerned with their contribution to alcohol abuse and drunk driving to know that brewers, importers, and independent beer distributors, licensed at both the state and federal levels, dedicate significant resources to develop public safety, education and prevention campaigns and to promote federal and local programs that help reduce underage drinking and drunk driving. These efforts, along with those of parents, law enforcement, federal and state alcohol beverage regulators, educators, and other community groups, have helped contribute to declines in underage drinking and drunk driving for nearly three decades, according to government data.

So even if you're a committed abstainer and you'd like to see the entire industry -- as well as its in-your-face advertising -- disappear altogether, it might be comforting to know that at least the beer industry is having a positive effect on the U.S. economy.

The rest of you can raise a glass and feel good that you're contributing to U.S. employment. Most domestic beers are among the few products made entirely in America.

Next: Like Beer? Consider Working at a Craft Brewery

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Works for me ! I have always believed in these benefits!

March 10 2011 at 11:10 AM Report abuse rate up rate down Reply
Joshua Berger

Great Lakes Brewery is the only beer worth paying taxes on 8 )

March 09 2011 at 11:17 PM Report abuse rate up rate down Reply

Everyone has to believe in something, I believe I'll have another beer!

March 09 2011 at 7:40 PM Report abuse +5 rate up rate down Reply

Yeah, that all works out with the drunks so sick from rotten livers they can't work so they steal to buy their booze or they go on disability to get money for booze, then they break the law while they're drunk and go to jail for awhile so the taxpayers pay that financial burden, then they die and the taxpayers pay for them to be cremated because they don't work and have no insurance. Seen that several times over.
Good old beer.

March 09 2011 at 7:28 PM Report abuse -5 rate up rate down Reply
1 reply to sunnydawn95's comment

Same reply as below.

March 10 2011 at 9:18 AM Report abuse rate up rate down Reply

LOL, beer will save the economy! yay lets all get drunk go kill some kids in a car accident, beat our wives/husbands/children, destroy property, spend millions on rehabs, and WORTHLESS "preventative campaigns"....lovely....yet the demon weed strikes again as the illogical super dangerous and non profitable drug that is fighting against our precious resource.....beer...what a joke...

March 09 2011 at 7:15 PM Report abuse -6 rate up rate down Reply
1 reply to evision36's comment

Not a fair comparison. Obviously, you are a democrat. Your comparison is the same as guns kill people.... No, people kill people.

March 10 2011 at 9:17 AM Report abuse rate up rate down Reply

Smokers pay a great deal in taxes as well!!!!

March 09 2011 at 7:01 PM Report abuse rate up rate down Reply

Subtracting the price of lives, (from drinking and driving, other kinds of actions, etc.) damaged property, ruined relationships and other drunken antics will give the real price for drinking on our economy.

March 09 2011 at 6:59 PM Report abuse -3 rate up rate down Reply

I think this would be true if you bought an American Beer, not Bud, Michelob, Busch, Coors, or Miller, as those are all owned by foreign companies. Try some local beer!

March 09 2011 at 6:54 PM Report abuse rate up rate down Reply

Im doing my part.

March 09 2011 at 6:53 PM Report abuse +2 rate up rate down Reply

Anheuser-Busch however also contributes financially to cannabis prohibition proliferation in the US as well. For this reason, I never buy their products for they wish that I remain a criminal as a stoner. I am a drinker as well, and never understood their logic. If cannabis was legal, completely legal, it would be far cheaper than it is today. My intoxication budget is a fixed size, so if cannabis is legal and cheaper, I would have more money to purchase beer.

March 09 2011 at 6:46 PM Report abuse -1 rate up rate down Reply

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