American Whiskey Contributes $5.1B Annually to US Economy

Dear Client: Today the American Whiskey Association (AWA) released its inaugural socio-economic impact report, Distilling Value: The Economic and Cultural Power of American Whiskey, digging into the direct and indirect economic impacts of the category. American whiskey contributes $5.1 billion annually to the US economy, per report. Globally, the American whiskey market was valued at about $9.06 billion in 2021 and projected to reach $11.57 billion in 2025. That growth is expected to continue at a CAGR of about 6.3%