Beer Institute releases domestic tax paid estimate for October

We believe most volumes should be estimated in beer barrels.

In late November, the Beer Institute published an unofficial estimate of domestic tax paid by beer brewers: The October 2013 domestic tax paid estimate is 14.2 million barrels. October 2012 removals were 14.3 million (revised) for a decrease of 0.7 percent. There are also monthly revisions from previous releases for 2012 and 2013:

Month                 2012                     2013            Percent Change           Volume Change
January          13,341,173           13,700,000                2.7%                             358,827
February       13,750,782            12,900,000               -6.2%                           -850,782
March            15,650,416           14,792,000                -5.5%                           -858,416
April               14,903,136           15,060,000                1.1%                             156,864
May                16,916,518           16,320,000               -3.5%                            -596,518
June                17,029,525           16,600,000                -2.5%                          -429,525
July                 16,464,805           16,200,000                -1.6%                           -264,805
August           16,554,238           16,140,000                -2.5%                            -414,238
September     14,826,690           15,190,000                  2.5%                            363,310
October          14,300,000           14,200,000                -0.7%                           -100,000
YTD                153,737,283        151,102,000                -1.7%                          -2,635,283