Steadier Slippage on Shipments to Close the Year

Dear Client:  Beer shipments remained negative in November, though the recent run-rate continues to look steadier than earlier in the year, the Beer Institute highlighted in issuing latest estimates. Per the latest tallies, domestic beer shipments fell 3.6% in November to 10 million barrels, representing a roughly 372,000-barrel decline versus last year. With eleven months now in the books, the YTD domestic shipment trend sits at -5.4%, or nearly 7.4 million barrels behind 2024’s pace. As for imports, with government