August Tough, But Second Half Tougher

August anticipated domestic taxpaid shipments leave something to be desired, despite an extra shipping day and easy comparisons. The Beer Institute forecasts August domestic shipments to be up only 0.1% compared to an easy decline of -2.8% last August. This suggests that beer was moved into July which was also up 0.1% with one fewer shipping day. Year-to-date domestic shipments are still up 1.1%. But this is the tough part. Remember that last year, we had a rough patch the