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Beer Institute releases June 2024 domestic tax paid estimate

The Beer Institute recently published an unofficial estimate of domestic tax paid shipments by beer brewers for June 2024: The June 2024 estimate is 14,400,000 barrels, a decrease of 4.8% compared to June 2023 removals of 15,127,351. The July 2024 domestic tax paid estimate is scheduled to be released on September 4, 2024. Let’s get into this.

Domestic Tax Paid – TTB
(31 Gallon Barrels)
Month20232024Percent ChangeVolume Change
January11,198,89111,495,9252.7%297,034
February11,031,52512,084,0559.5%1,052,530
March14,702,74612,333,899-16.1%-2,368,847
April12,845,94312,424,242-3.3%-421,701
May12,755,18313,476,2815.7%721,098
June15,127,35114,400,000-4.8%-727,351
YTD77,661,63976,214,402-1.9%-1,447,237