Beer Institute estimates domestic tax paid ships rose 2.9% in March to 15.2 million barrels, up from 14,772,000 barrels in March of 2021. Last year saw a small 0.9% increase from 2020’s 14,642,562 barrels.
For this year, through March 31, beer shipments are down 2.7%. The March increase failed to overcome the 6.2% decline in January or the 5.8% decline in February. Nonetheless, the growth in March suggests that with Spring and Summer coming, beer shipments may be looking up a bit.