BA: Brewery Openings Still Outpace Closings in ’23, But Only By a Smidge

Dear Client:    While the craft beer industry has seen its fair share of challenges in 2023, there were still more brewery openings (420) than closings (385) this year, according to the Brewers Association’s Year in Beer annual report.  The openings/closings tally comes following the BA’s mid-year survey [see CBD 08-10-2023] which indicated a production dip this year, “the first time outside of a unique 2020 that independent brewers have seen such a decline,” per release.  Craft’s slowdown comes amid continued