Gains made by domestic tax paid beer shipments in May were all but “wiped out” in June, according to Beer Institute (BI) chief economist Andrew Heritage, who published the trade group’s monthly economic report yesterday.

Insiders are going deep on domestic shipments, imports and state-by-state volume. 

They’re also:

• Digging into Craft Brewers Conference numbers;
• Learning which New England craft stalwart is entering North Carolina;
• Examining how much Constellation Brands has spent on ads;
• And finding out about the impending closure of a popular Miami taproom.

Insiders also have access to the Brewbound Newsletter Archive, including previous newsletter-exclusive Insider content.

Become a Brewbound Insider today!

Or, be in the know on all food and beverage news from Brewbound, BevNET and NOSH with Insider All Access.

Deschutes Founder/Owner Gary Fish said “For the last 35 years, Black Butte Porter has been the best-selling porter in the nation and Briess has been key to that success”.  We couldn’t agree more. Click to hear Deschutes’ story. Learn more

After a month in the black, domestic tax paid shipments of beer recorded a -4.8% year-over-year (YoY) decline in June, according to the Beer Institute (BI), which cited several government sources for its monthly report.

BI chief economist Andrew Heritage wrote: “The first half of 2024 closed out with a soft month of June. Total supply was down -2.6% for the month, but total volume grew slightly in the first half of the year (0.3% year-to-date).”

Domestic brewers shipped 14.4 million barrels of beer in June 2024, compared to 15.1 million barrels in June 2023, according to estimates from the U.S. Department of Treasury’s Alcohol and Tobacco Tax and Trade Bureau (TTB). This decline plunged domestic shipments farther into the red at -1.9% YoY, compared to -1.4% YoY in May 2024.

Brewbound Insiders can go deeper into the data.

The Brewers Association reported that more than 9,500 attendees made the trip to Las Vegas for the Craft Brewers Conference April 21-24, including more than 740 exhibitors and more than 3,100 breweries, according to a post-CBC report shared by the trade group.

Attendance decreased compared to 2023, when the BA reported that more than 12,000 industry professionals attended the event that year in Nashville, according to its annual report that year.

Brewbound Insiders are reading more details of the 2024 event, as well as the World Beer Cup.

How is beer doing at the halfway point of 2024? Brewbound reporter Zoe Licata shares highlights from not one, but two mid-year beer reports. Zoe breaks down the Brewers Association’s mid-year craft report, as well as a total beer overview from the National Beer Wholesalers Association and Fintech halfway through 2024. 

Plus, Zoe and Brewbound editor Justin Kendall discuss the latest earnings reports from Boston Beer and Tilray Brands, including nuggets on Twisted Tea and Truly’s hold on Boston’s portfolio and improvements in Shock Top’s trends.

Justin also relays his experience on the Voodoo Ranger pirate ship and spotting Stone Brewing co-founder Greg Koch’s graphic novel at San Diego Comic-Con.

Listen here or on your preferred podcast platform.

The Brewbound Live Pitch Slam returns to the Brewbound Live business conference on December 11 + 12 in Marina del Rey, California. The annual competition provides an opportunity for startups in beer and beverage-alcohol to pitch their product, generate industry awareness, and open the door for new partnerships.

How It Works:

Emerging beer category brands will provide attendees a look into the future of the industry. The competition kicks off on Day 1 of Brewbound Live with 12 semifinalists presenting rapid fire pitches to a panel of expert judges. Six brands will advance to the final round, taking place on Day 2. The judges will then decide who takes home the winning title and a Brewbound advertising package valued at $10,000.

Who’s Watching:

Brewbound Live attendees watch in-person while industry experts tune into the free livestream on Brewbound.com. Pitching in the competition allows you to reach thousands of investors, retailers, suppliers, service providers, and fellow brewery leaders looking to see what’s next in the world of beer. Past winners include Sunboy, Funkytown Brewery, Lunar Hard Seltzer, Crowns & Hops, Willie’s Superbrew, Novo Brazil, Border X Brewing, and Wynwood Brewing Company. Check out a past competition to see what it takes to win.

Beyond the Pitch:

Following their on-stage presentations at the Brewbound Live Pitch Slam, participants have the opportunity to form connections with industry decision makers. The competition opens the door for deeper, more meaningful conversations that extend beyond introductions.

How to Apply:

Startups producing beer, non-alc beer, cider, hard seltzer, hard kombucha, hard tea, hard coffee, and other malt/wine-based alcoholic beverages are invited to apply now. There is no cost to participate in the competition. The application deadline is September 30.

Apply to Participate in the Brewbound Live Pitch Slam >>

To extend your presence beyond attending, view our Brewbound Live sponsorship opportunities.