NBWA Chief Economist Lester Jones provides a rundown of some recent economic changes that may help the beer industry end on a positive fourth quarter. A slew of positive economic news has been reported over the past few months, and the odds are looking good for 2014.
The Daily Brew
John King, a writer for LouisvilleBeer.com, explains why Anheuser-Busch buying a beer distributorship in Owensboro, Kentucky, would be detrimental to craft brewers and the beer industry. King notes, "Local breweries are reliant on the network of independent beer distributors in the state to get you their beer. Also, they are the same distributors that get out-of-state beers you hoard in your basements or fill up your recycling bins with. If the world's largest beer manufacturer is allowed to control its own distribution, our smaller breweries will be shut out of the market."
Pushing farther into the state of Pennsylvania, Port Brewing will expand its distribution throughout Pittsburgh. Per an agreement with Wilson-McGinley, the brewery, which is headquartered out of San Marcos, California, will begin selling core and seasonal products from its Port Brewing and Lost Abbey labels in the newly added market this year. The company’s full portfolio of offerings will be available next fall.
One year after Governor Cuomo passed the Farm Cidery Law, Cider Creek Hard Cider is now for sale in Manhattan exclusively with Manhattan Beer. "We are extremely excited to add the Cider Creek brand to our cider portfolio. As a fresh pressed, local, New York state brand, Cider Creek fits perfectly into our portfolio of local beer and ciders. It is one of our goals to continue to work to develop New York state produced brands," said Robert Mitchell, VP craft, wine and spirits at Manhattan Beer.
In order to better understand U.S. adult drinkers, Forbes outlines five lessons from millennial inspired trends that are impacting the adult beverage category: Seek out adventures, appreciate creative labeling, value authenticity, embrace innovation and offer unique flavor profiles.
The Federal Reserve is widely expected to announce the end of its latest bond-buying program, known as quantitative easing, or Q.E. Fed officials say the purchases served to strengthen job growth, and the economic recovery no longer needs quite so much of the central bank’s support.
With Halloween only a couple days away, The Drink Nation pulled together a list of some of the scariest beers out there. Terrifying names and frightening labels make these brews perfect for setting the scene at your Halloween party — you’ll get the chills before you even take your first sip.