2020 Domestic Tax Paid Shipments Show Full Year Growth After All

Dear Client: It looks like 2020 was a pretty good year for beer after all, despite supply gluts and a paralyzed on-premise. The Beer Institute revised some of its 2020 domestic shipments numbers yesterday, such that the full year saw a gain of 0.1%, to 167,362,000 barrels. That's vs. the previously estimated -0.5%.  October domestic tax paid shipments, which had originally been stated up only 0.6%, was restated for a 2.4% gain. September shipments, originally reported to be flat, were