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Socks blown off: Beer Institute releases December 2016 domestic tax paid estimate

February 1, 2017Keith Gribbins

socks blown off
Not again!

Last week, the Beer Institute blew our minds and our socks right the hell off. Luckily, we were holding onto our butts. You see, the Beer Institute occasionally publishes an unofficial estimate of domestic tax paid shipments by beer brewers, and that sorta tax talk always does this to our heads.

The Beer Institute just released its estimate for December 2016: The December 2016 estimate is 13,715,000 barrels, an increase of 0.8 percent versus December 2015 removals of 13,612,000 barrels. Please note that the estimates reflect revised estimates released by the Alcohol and Tobacco Tax and Trade Bureau (TTB).

READ THIS CHART AT YOUR OWN RISK!

Month 2015 2016 Percent Change Volume Change
January 12,935,682 12,691,000 -1.9% -244,682
February 12,445,216 12,941,000 4.0% 495,784
March 15,317,910 15,377,000 0.4% 59,090
April 15,012,049 14,744,000 -1.8% -268,049
May 15,615,011 15,677,000 0.4% 61,989
June 16,878,230 16,777,000 -0.6% -101,230
July 15,904,071 15,101,000 -5.0% -803,071
August 15,654,831 16,223,000 3.6% 568,169
September 15,675,544 15,191,000 -3.1% -484,544
October 14,098,594 13,159,000 -6.7% -939,594
November 12,389,629 12,508,000 1.0% 118,371
December 13,612,000 13,715,000 0.8% 103,000
CY 2016 175,538,767 174,104,000 -0.8% -1,434,767

 

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Beer Institute releases September 2020 domestic tax paid estimates, and of course you’re interested
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Beer Institute releases August 2020 domestic tax paid estimate (expect revisions)
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Beer Institute releases July 2020 domestic tax paid estimate, adds 200,000 bbls to March because of delayed reporting
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Beer Institute releases June 2020 domestic tax paid estimate, postponed reporting will skew it

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