Beer Institute releases May 2014 domestic tax paid estimate

Last week, the Beer Institute published an unofficial estimate of domestic tax paid by beer brewers. The May 2014 domestic tax paid estimate is 16 million barrels. May 2013 removals were 16.32 million (revised) for a decrease of -2.0 percent. Please note the following monthly revisions from previous releases for 2013 and 2014:

Month                         2013                         2014                 Percent Change          Volume Change
January                  13,713,729               13,770,000                       0.4%                            56,271
February               12,962,950                13,300,000                       2.6%                           337,050
March                    14,883,280                14,700,000                      -1.2%                          183,280
April                       15,060,000                15,120,000                       0.4%                           60,000
May                        16,320,000                16,000,000                      -2.0%                         -320,000
YTD                       72,939,959                 72,890,000                     -0.1%                          -49,959

That is all.