Beer Institute releases February 2024 domestic tax paid estimate

Recently, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for February 2024: The February 2024 estimate is 11,900,000 barrels, an increase of 7.9% compared to February 2023 removals of 11,024,243. Let’s get into it!

Domestic Tax Paid – TTB
(31 Gallon Barrels)
Month	2023	2024	Percent Change	Volume Change
January	11,195,678	11,400,000	1.8%	204,322
February	11,024,243	11,900,000	7.9%	875,757
YTD	22,219,921	23,300,000	4.9%	1,080,079

Domestic Tax Paid – TTB
(31 Gallon Barrels)
Month	2022	2023	Percent Change	Volume Change
January	11,605,709	11,195,678	-3.5%	-410,031
February	10,867,830	11,024,243	1.4%	156,413
March	15,387,646	14,650,304	-4.8%	-737,342
April	13,563,270	12,842,000	-5.3%	-721,270
May	14,451,198	12,751,000	-11.8%	-1,700,198
June	16,349,214	15,017,000	-8.1%	-1,332,214
July	13,970,237	13,233,000	-5.3%	-737,237
August	14,976,009	13,988,000	-6.6%	-988,009
September	14,431,528	12,911,000	-10.5%	-1,520,528
October	12,730,283	11,227,000	-11.8%	-1,503,283
November	11,751,754	10,950,000	-6.8%	-801,754
December	11,996,258	11,700,000	-2.5%	-296,258
YTD	162,080,936	151,489,225	-6.5%	-10,591,711