Next time you take a drink, be proud. That beer comes from an industry that contributes nearly $190 billion to the American economy according to a study released Monday by the Beer Institute and the National Beer Wholesalers Association.
The study, named Beer Serves America, found that the direct impact of the beer industry in the US economy is $90 billion dollars a year, with secondary impact accounting for the rest of the $190 billion total.
August Busch IV, president of Anheuser-Busch and chairman of the Beer Institute, was quick to laud the study's findings.
"This study shows that more than ever, America's brewers play a pivotal role in promoting strong and robust economic growth throughout our country," he said.
The study found that the beer industry is a strong source of jobs. The results state that beer producers employ more than 900,000 workers, and the industry supports 800,000 at liquor retailers. However, the study uses a broad definition of "liquor retailer," lumping in supermarket and convenience store workers in their total.
Beer distributors also account for another 91,000 jobs, and some in the industry said these jobs were better than average.
"These people do not work for minimum wage. They earn quality wages and benefits," said Betty Buck, NBWA board chair and president of Buck Distributing Co. in Upper Marlboro, Maryland.
In addition, the study found that the beer industry is responsible for $36 billion in taxes to local, state and federal government, according to the findings. A significant amount of money also goes to the agricultural sector and producers of barley, hops, rice and corn.
"These figures demonstrate that the beer industry extends beyond those who make and distribute our products," said Jeff Becker, president of the Beer Institute, who added that he believes the industry is partially responsible for the continued financial security of farmers and small businesses.
The study, named Beer Serves America, found that the direct impact of the beer industry in the US economy is $90 billion dollars a year, with secondary impact accounting for the rest of the $190 billion total.
August Busch IV, president of Anheuser-Busch and chairman of the Beer Institute, was quick to laud the study's findings.
"This study shows that more than ever, America's brewers play a pivotal role in promoting strong and robust economic growth throughout our country," he said.
The study found that the beer industry is a strong source of jobs. The results state that beer producers employ more than 900,000 workers, and the industry supports 800,000 at liquor retailers. However, the study uses a broad definition of "liquor retailer," lumping in supermarket and convenience store workers in their total.
Beer distributors also account for another 91,000 jobs, and some in the industry said these jobs were better than average.
"These people do not work for minimum wage. They earn quality wages and benefits," said Betty Buck, NBWA board chair and president of Buck Distributing Co. in Upper Marlboro, Maryland.
In addition, the study found that the beer industry is responsible for $36 billion in taxes to local, state and federal government, according to the findings. A significant amount of money also goes to the agricultural sector and producers of barley, hops, rice and corn.
"These figures demonstrate that the beer industry extends beyond those who make and distribute our products," said Jeff Becker, president of the Beer Institute, who added that he believes the industry is partially responsible for the continued financial security of farmers and small businesses.
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