Beer Institute releases March 2020 domestic tax paid estimate

Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for March 202. The March 2020 estimate is 14,300,000 barrels or bbls, a decrease of -0.5 percent vs. March 2019 removals of 14,370,000. Of course, it will be April’s numbers will be a real eye-opener when they are available, scheduled to be released on May 21. Ok, here we go with March (drum roll) … note these are 31-gal bbls.

Month	2019	2020	Percent Change	Volume Change
January	12,433,513	12,423,000	-0.1%	-10,513
February	11,431,000	11,350,000	-0.7%	-81,000
March	14,370,000	14,300,000	-0.5%	-70,000
YTD	38,234,513	38,073,000	-0.42%	-161,513