Beer Industry Contributes $925 Million Annually to South Dakota's Economy
Friday, May 24, 2019
New Study Shows 7,227 Jobs in South Dakota Linked to Strong Beer Industry
ALEXANDRIA, Va. /PRNewswire/ -- Just ahead of Memorial Day, which marks one of the top beer selling holidays of the year and the start of the summer beer selling season, a new economic impact study shows America's beer industry contributes $925 million annually to South Dakota's economy and supports 7,227 jobs in the state.
Jointly commissioned by the National Beer Wholesalers Association (NBWA) and the Beer Institute, the study shows that the 7,227 jobs impacted by the beer industry in South Dakota account for $260 million each year in wages and benefits. The industry also generates $129 million annually in business, personal and consumption taxes.
The beer industry is made up of three distinct partners that work together to get beer to customers: brewers and importers, independent beer distributors and licensed retailers. This system has created more choice and variety in America's beer market than ever before.