The Beer Institute recently released its domestic tax paid estimate for March 2024, and we welcome craft brewers and industry stakeholders to enjoy some fresh data. Last week, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for March 2024. The March 2024 estimate is 12,700,000 barrels or bbls, a decrease of 13.6 percent compared to March 2023 removals of 14,692,547. The April 2024 domestic tax paid estimate is scheduled to be released on June 7, 2024.
| Domestic Tax Paid – TTB | ||||
| (31 Gallon Barrels) | ||||
| Month | 2023 | 2024 | Percent Change | Volume Change |
| January | 11,198,891 | 11,489,000 | 2.6% | 290,109 |
| February | 11,031,525 | 12,076,000 | 9.5% | 1,044,475 |
| March | 14,692,547 | 12,700,000 | -13.6% | -1,992,547 |
| YTD | 36,922,963 | 36,265,000 | -1.8% | -657,963 |
