Last week, the Beer Institute published an unofficial estimate of domestic tax paid by beer brewers. The May 2014 domestic tax paid estimate is 16 million barrels. May 2013 removals were 16.32 million (revised) for a decrease of -2.0 percent. Please note the following monthly revisions from previous releases for 2013 and 2014:
Month 2013 2014 Percent Change Volume Change
January 13,713,729 13,770,000 0.4% 56,271
February 12,962,950 13,300,000 2.6% 337,050
March 14,883,280 14,700,000 -1.2% 183,280
April 15,060,000 15,120,000 0.4% 60,000
May 16,320,000 16,000,000 -2.0% -320,000
YTD 72,939,959 72,890,000 -0.1% -49,959
That is all.
