California Business Minute™

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Hi, I am Tim Johnson and welcome to the California Business Minute.

A new economic impact study shows that the beer industry, made up of brewers, beer
importers, beer distributors, brewer suppliers and retailers, directly and indirectly
contributes $33.2 billion annually to California's economy. Commissioned by the
National Beer Wholesalers Association (NBWA) and the Beer Institute, the study shows
that the industry generates nearly 229,746 jobs in California - which accounts for
$10.5 billion in wages and benefits. The industry also contributed $6 billion in the
form of business, personal and consumption taxes in 2010.

According to the study, the beer industry directly employs 117,240 people in California,
paying them $4.1 billion in wages. The 222 beer distributors in California employ 11,743
people. Large and small brewers and beer importers employ approximately 5,940 people.
Beer sales help support roughly 99,557 jobs at licensed retailers, which include
supermarkets, convenience stores, restaurants, bars, stadiums and other outlets.

The complete study, including California-by-California and congressional district
breakdowns of economic contributions, is available at Beer Serves America,
www.BeerServesAmerica.org. 

I am Tim Johnson and this has been the California Business Minute.