Drink up, and support the economy.

Support the economy; cheers!

ROYERSFORD PA – The beer industry – which includes craft brewers like Sly Fox Brewing Company, 312 N. Lewis Rd., and Royersford Brewing Company LLC, 519 Main St. – as well as importers, distributors, suppliers and retailers, contributes $6.8 billion annually to Pennsylvania’s economy, the National Beer Wholesalers Association (NBWA) said Wednesday (April 8, 2009) as it released a new study on the economic impact of its members’ operations.

The study was commissioned by NBWA and the Beer Institute, the industry’s lobbying organization. It said the industry’s impact statewide included more than 64,000 jobs, and payment of more than $489,000 in federal, state and local taxes.

Release of the study coincides with recent efforts in several states to charge new or raise existing taxes on beer consumption as a way to increase state revenues. “It is important that state and federal officials consider equitable tax policies that do not unduly harm an industry that provides so many domestic jobs and so much economic growth,” noted Beer Institute President Jeff Becker.

The institute supports the Brewers Excise and Economic Relief Act of 2009, introduced in the House of Representatives during February 2009, which would roll back the federal beer excise tax to its pre-1991 level of $9 per barrel.

Photo from Clipart.com

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