What Trump's Election Means For An Uncertain Craft Beer Industry …

Nov 8, 2024 · The beer industry waits anxiously to see how Trump's economic policies will affect sales and production. getty. As the dust settles from the recent United States election, …

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What Donald Trump's Win Means For The Economy | TIME

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Oct 22, 2024 · A report from the Peterson Institute for International Economics indicates that the inflation rate could rise to between 6% and 9.3% by 2026 if Trump is elected, compared to a …

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Craft Beer Boom Slows, But Still Grows - Forbes

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Jan 19, 2023 · Craft beer, according to the WBA, has a $22.2 billion retail value. getty. Beer is a big deal in the United States and abroad, with craft beer occupying at least a part of the big …

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Looking Ahead: Beer Pros Predict The Next Decade Of Industry ... - Forbes

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Dec 31, 2019 · Which brings us to 2019. According to beer industry trade publication Brewbound, the BA expects craft volumes to grow about 4% (roughly 1 million barrels) this year. Between …

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What Would Donald Trump’s Re-Election Mean For Spirits Industry …

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Nov 6, 2024 · As part of a series of pledges made during the campaign trail, Trump has promised to impose 10% tariffs on imports from non-US countries and 60% on Chinese imports, should …

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What Donald Trump’s Election Means For Retail - Forbes

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Nov 6, 2024 · Trump says in his second term he’s intending tariffs of 60% on China and 10% on everyone else. You can bet that every retailer and brand that sources from China is at their …

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FAQs about What Trump's Election Means For An Uncertain Craft Beer Industry … Coupon?

Is beer's future a political stance?

Big plays, smart moves, and otherwise curious indicators of beer's possible future. Political stances are nothing new in the generally progressive world of beer, but as companies across all industries step deeper into the political fray leading up to the 2020 election, a new question arises: is taking action inevitable? ...

Why are brewers so nervous about Trump's tariffs?

One factor in particular is causing nervousness among brewers across the United States: Trump's embrace of tariffs on imported goods. In his first term as president, Trump was a vocal critic of international trade deals. He pulled the U.S. out of several and imposed blanket tariffs on numerous items. ...

How does uncertainty affect breweries?

Uncertainty in the marketplace can lead to dire consequences for an industry built by and powered by small, independently owned breweries. In 2023, the sector grew to 9906 total breweries, a net increase of 72, and saw 405 operations shutter. That is a stark change from the pre-COVID times when the industry experienced massive growth. ...

Is buying beer a political act?

But as America gets further into its election season, buying beer and other goods can become an actual political act. These decisions are occurring at a time when more Americans would avoid talking about Trump in favor of other controversial topics, including minimum wage, gun bans, and a border wall. ...

How has craft beer changed over the years?

Plus, the craft beer explosion in the 2010s has matured. Gacioch said many breweries are now trying to differentiate themselves by offering in-person experiences like food and music, or novel flavor profiles. “Fruity flavors or, you know, botanical flavors, or pushing on hop flavors,” he said. ...

Why did craft beer sales drop 2% in 2024?

According to the Brewers Association mid-year report, those issues continued in 2024, with craft beer sales down 2% year over year. One of the biggest concerns for the brewers surveyed was inflation and increased prices for goods, which were impacting sales. ...