Beer Institute Releases October 2023 Domestic Tax Paid Estimate

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WASHINGTON, Dec. 07, 2023 (GLOBE NEWSWIRE) — Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for October 2023:

The October 2023 estimate is 11,350,000 barrels, a decrease of 10.8% compared to October 2022 removals of 12,730,492.

Domestic Tax Paid – TTB
(31 Gallon Barrels)
Month 2022 2023 Percent Change Volume Change
January 11,605,709 11,194,019 -3.5% -411,690
February 10,867,830 11,022,693 1.4% 154,863
March 15,382,304 14,625,540 -4.9% -756,764
April 13,562,901 12,840,000 -5.3% -722,901
May 14,450,839 12,751,000 -11.8% -1,699,839
June 16,340,657 14,969,000 -8.4% -1,371,657
July 13,970,236 13,227,000 -5.3% -743,236
August 14,976,033 13,977,000 -6.7% -999,033
September 14,426,043 12,785,000 -11.4% -1,641,043
October 12,730,492 11,350,000 -10.8% -1,380,492
YTD 138,313,044 128,741,252 -6.9% -9,571,792

The November 2023 domestic tax paid estimate is scheduled to be released on January 10, 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, follow @BeerInstitute on Twitter, like the Beer Institute on Facebook, and follow the Beer Institute on Instagram.

CONTACT: Jeff Guittard Beer Institute 2027372337 [email protected] 

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