Last week, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for April 2024: The April 2024 estimate is 12,300,000 barrels or bbls — a decrease of 4.3 percent compared to April 2023 removals of 12,845,996 bbls. The May 2024 domestic tax paid estimate is scheduled to be released on July 3, 2024. Alright. Let’s take a look at the numbers for this year compared to last year…
Domestic Tax Paid – TTB | ||||
(31 Gallon Barrels) | ||||
Month | 2023 | 2024 | Percent Change | Volume Change |
January | 11,198,891 | 11,489,243 | 2.6% | 290,352 |
February | 11,031,525 | 12,076,064 | 9.5% | 1,044,539 |
March | 14,692,547 | 12,700,000 | -13.6% | -1,992,547 |
April | 12,845,996 | 12,300,000 | -4.3% | -545,996 |
YTD | 49,768,959 | 48,565,307 | -2.4% | -1,203,652 |
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