USA: Domestic tax paid beer shipments down in January-October and October alone this year
October domestic tax paid shipments from U.S. brewers were down -10.8% versus October 2022, to an estimated 11.35 million barrels, marking a loss of 1.38 million barrels year-over-year (YoY), according to Beer Institute (BI) chief economist Andrew Heritage.
October marked the eighth consecutive month of domestic shipment declines and ninth month in the red this year. Tax paids are now down -6.9% year-to-date (YTD), to more than 128.7 million barrels, marking a loss of nearly 9.6 million barrels versus the first 10 months of 2022.
January-October beer shipments are down 6.9% to 128.7 mln barrels, it is reported.
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