Beer Institute releases August 2023 domestic tax paid estimate

You love beer and, hey, maybe you love taxes. That’s normal, right? Well, tax beer lover, have we got news for you. Yesterday, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for August 2023. Here we go… The August 2023 estimate is 14,200,000 barrels or bbls, a decrease of 5.1 percent compared to August 2022 removals of 14,969,444 bbls. The September 2023 domestic tax paid estimate is scheduled to be released on November 8, 2023. We can’t wait!

Domestic Tax Paid — TTB
(31 Gallon Barrels)

Month	2022	2023	Percent Change	Volume Change
January	11,603,285	11,160,146	-3.8%	-443,139
February	10,864,950	10,973,990	1.0%	109,040
March	15,358,367	14,429,656	-6.0%	-928,711
April	13,562,901	12,811,000	-5.5%	-751,901
May	14,450,839	12,681,000	-12.2%	-1,769,839
June	16,334,962	14,745,000	-9.7%	-1,589,962
July	13,970,196	13,184,000	-5.6%	-786,196
August	14,969,444	14,200,000	-5.1%	-769,444
YTD	111,114,944	104,184,792	-6.2%	-6,930,152