product approvals TTB Approved 178.7K Products L12M through January 2024, An Increase of 2.4K (+1.3%) February 20, 2024 | February 20, 2024bw166 By Category: Beer: 39.4K products approved over the L12M (–6.2% vs. last year) and 9.3K over the L3M (–3.8% vs. last year) Spirits: 23.5K products approved over the L12M (+2.5% vs. last year) and 5.4K over the L3M (+3.8% vs. last year) Wine: 115.8K products approved over the L12M (+3.9% vs. last year) and 21.2K over the L3M (–10.8% vs. last […] Read more »
general The Good, the Bad, and the Inventory February 5, 2024 | February 5, 2024bw166 Recently, the Bureau of Economic Analysis released its fourth quarter estimate, reporting GDP growth of +3.3% – demonstrating the good news that the U.S. economy is still expanding. And, importantly, highlighting that a key component of the increase was consumer spending. Consumer spending in calendar year 2023 for off-premise beverage alcohol was $225 Billion (+3.7%) […] Read more »
general 2023 – A Difficult Year for TBA January 17, 2024 | January 17, 2024bw166 If misery loves company, there was plenty of misery to go around for Beverage Alcohol in 2023. The total servings of Beverage Alcohol shipped into the US market in 2023 declined by 5.1%. The data used by bw166 measures the total amount of Beer, Wine, and Spirits shipped into the US market; it is not […] Read more »
import/export Beer, Spirits, & Wine – Packaged Imports Decline -9% By Value L12M through October 2023, Packaged Exports Decline -11% December 7, 2023 | December 7, 2023bw166 Total Beverage Alcohol: Total beverage alcohol imports (including bulk and packaged) declined -9% by value over the last twelve months and declined -14% by value over the last three months. 42% of all imported beverage alcohol by value came from Mexico over the last twelve months. Total beverage alcohol exports (included bulk and packaged) declined […] Read more »
general The US Beverage Alcohol Market – September 2023 November 14, 2023 | November 14, 2023bw166 bw166 tracks the total beverage alcohol market in the US based on tax-paid shipments into the market, both domestic and imports, as well as various data from the Bureau of Economic Analysis, Census Bureau, The Bureau of Labor Statistics, and various state agencies. The measurement of the market continues to be disrupted by the effects […] Read more »