Beer Institute projects almost a one-million barrel decrease in removals for February

beer institute logo(Washington, DC) – On Thursday, the Beer Institute published an unofficial estimate of domestic tax paid by beer brewers for the month of February 2013. (Note: BI estimates come about thirty days before the official TTB data is released).

February’s projected drop of 6.7% or nearly one million barrels in taxable removals is startling at first glance though 2012 was a leap year so you can chop that number in half after accounting for the extra day. The 2013 estimate is approximately flat with 2011.

The February 2013 domestic tax paid estimate is 12,800,000 barrels. February 2012 removals were 13,716,000 (revised) for a decrease of 6.7%.

Please note the following monthly revisions from previous releases for 2012:

 

Month 2012 2013 Percent Change Volume Change
January 13,340,000 13,500,000 1.2% 160,000
February 13,716,000 12,800,000 -6.7% -916,000
YTD 27,056,000 26,300,000 -2.8% -756,000

 

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