February Tax Paids Down More than 7%

March 27, 2015 Dear Client: Beer Institute reported February's domestic tax paids at 12,450,000 barrels -- down 7.1%, bringing the YTD tax paids total to -6.9%. State shipments volumes were down 5.5% for the month, and down 4.5% YTD. All but a handful of states were negative on shipments for the month: Only Delaware, DC, Hawaii, Nevada, North Carolina, Oregon, Texas and Utah had shipment growth for February. As in January, some of the biggest beer-drinking states' shipments were down