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Beer Institute Releases May 2022 Domestic Tax Paid Estimate

WASHINGTON, June 29, 2022 (GLOBE NEWSWIRE) -- Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for May 2022:

The May 2022 estimate is 14,600,000 barrels, a decrease of 2.2% compared to May 2021 removals of 14,926,000.

Domestic Tax Paid - TTB

(31 Gallon Barrels)

Month

2021

2022

Percent Change

Volume Change

January

13,115,000

12,300,000

-6.2%

-815,000

February

11,781,000

11,100,000

-5.8%

-681,000

March

14,772,000

15,200,000

2.9%

428,000

April

14,557,000

13,700,000

-5.9%

-857,000

May

14,926,000

14,600,000

-2.2%

-326,000

YTD

69,151,000

66,900,000

-3.3%

-2,251,000

The June 2022 domestic tax paid estimate is scheduled to be released on July 26, 2022.

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The Beer Institute is a national trade association for the American brewing industry, representing brewers of all sizes, as well as beer importers and industry suppliers—an industry that supports more than 2 million jobs and provides more than $330 billion to the American economy. First founded in 1862 as the U.S. Brewers Association, the Beer Institute is committed today to the development of 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 jguittard@beerinstitute.org