• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Finance

Craft Beer Added $79 Billion to Economy in 2018

By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
September 25, 2019, 1:13 PM ET
Craft Beer Brews-Economic Impact
Marco De Anda drinks from a beer flight in the taproom at Like Minds Brewery in Milwaukee on May 24, 2017. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images)John J. Kim—Chicago Tribune/Tribune News Service via Getty Images

The days of eye popping growth for the craft beer industry might be behind it, but that doesn’t mean things are fading away.

The craft beer industry contributed $79.1 billion to the U.S. economy last year and was responsible for 559,545 jobs, according to the Brewers Association just-released 2018 economic impact report. That’s a 4% improvement from the 2017 numbers.

The numbers incorporate finances and employment at breweries, wholesalers and retailers.

California got the biggest craft beer’s economic bump, with $9 billion. Pennsylvania was second with $6.3 billion and Texas saw an impact of $5.1 billion. New York and Florida rounded out the top five.

“With small breweries in every state and nearly every congressional district in the country, craft brewers are a vital and growing part of the economy in cities and towns all across the country,” said Bart Watson, chief economist of the Brewers Association, in a statement. “Beer lovers are spending their dollars by supporting small and independent brewers in their local communities and across the country, and its positive impact is evident nationwide.”

The report comes a little over a week before the start of the Great American Beer Festival, which is widely considered the Super Bowl of the craft beer world, with over 4,000 different beers from 800-plus brewers being poured.

More must-read stories from Fortune:

—A new distillery tells the true–and often untold–origin story of Tennessee whiskey
—The celebrity-branded liquor market is oversaturated
—
Craft breweries are going hyper-local to source ingredients
—
Some of California’s most famous wines came from a science experiment
—
White Bordeaux wines are picking up steam. Here’s what you should know

Follow Fortune on Flipboard to stay up-to-date on the latest news and analysis.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Man with glasses in a suit smiling
C-SuiteCEO salaries and executive compensation
Warner Bros. CEO David Zaslav’s ‘extraordinary’ $887 million golden parachute gets ripped by proxy advisory firm ISS
By Amanda GerutApril 8, 2026
1 hour ago
The Iran war is either concluding with the world worse off, or escalation is just delayed again
EnergyIran
The Iran war is either concluding with the world worse off, or escalation is just delayed again
By Jordan BlumApril 8, 2026
5 hours ago
Traders work on the floor of the New York Stock Exchange (NYSE) on April 04, 2025 in New York City.
PoliticsIran
Within a day, the Iran-U.S. ceasefire began breaking down. Markets shrugged
By Eva RoytburgApril 8, 2026
6 hours ago
Analysts warn the TACO trade won’t last forever after an Iran ceasefire wipes out weeks of losses in markets
InvestingDonald Trump
Analysts warn the TACO trade won’t last forever after an Iran ceasefire wipes out weeks of losses in markets
By Marco Quiroz-GutierrezApril 8, 2026
7 hours ago
How dual incomes and the tech boom turned the upper middle class into America’s biggest income group
Personal Financehousehold income
How dual incomes and the tech boom turned the upper middle class into America’s biggest income group
By Sam Klebanov and Morning BrewApril 8, 2026
7 hours ago
Morgan Stanley’s Bitcoin ETF began trading. An analyst put it in the top 1% of ETF launches
CryptoBitcoin
Morgan Stanley’s Bitcoin ETF began trading. An analyst put it in the top 1% of ETF launches
By Jack KubinecApril 8, 2026
8 hours ago

Most Popular

2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out in Iran
Energy
2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out in Iran
By Fortune EditorsApril 7, 2026
1 day ago
The U.S. had a national debt ‘home run’ in its grasp, says Jamie Dimon. But the government did nothing, and now its best option is crisis management
Economy
The U.S. had a national debt ‘home run’ in its grasp, says Jamie Dimon. But the government did nothing, and now its best option is crisis management
By Fortune EditorsApril 8, 2026
15 hours ago
Artemis II’s astronauts are on their way home—a six-figure salary but no overtime or hazard pay awaits them back on Earth
Success
Artemis II’s astronauts are on their way home—a six-figure salary but no overtime or hazard pay awaits them back on Earth
By Fortune EditorsApril 7, 2026
1 day ago
MacKenzie Scott's latest donation takes her HBCU giving to well over $1 billion
Success
MacKenzie Scott's latest donation takes her HBCU giving to well over $1 billion
By Fortune EditorsApril 7, 2026
1 day ago
Lowe’s is investing $250 million to train plumbers, carpenters, and electricians as its CEO says skilled trades are ‘critical to the future’
Success
Lowe’s is investing $250 million to train plumbers, carpenters, and electricians as its CEO says skilled trades are ‘critical to the future’
By Fortune EditorsApril 7, 2026
2 days ago
Current price of gold as of April 7, 2026
Personal Finance
Current price of gold as of April 7, 2026
By Fortune EditorsApril 7, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.