August 05, 2014

The Growing Economic Impact of Craft Brewing in Montana

The economic contribution of Montana craft brewing to Montana’s economy was studied by the Bureau of Business and Economic Research at the University of Montana using the REMI model. At the time of this analysis, Montana ranked third in the United States in breweries per 100,000 adults over age 21, with 40 breweries operating in the state and 11 in the planning phases. The results of this report indicated that statewide craft beer production increased by 49 percent between 2010 and 2013, while sales increased by 55 percent and expenditures rose by 44 percent. Researchers also detailed the additional economic benefits of brewing operations that include 673 additional permanent, year-round jobs existing in the state economy, more than $18 million in income received by Montana households, $60 million more in sales from Montana-based business and organizations, and $4 million extra tax and non-tax revenues.

University of Montana – The Growing Economic Impact of Craft Brewing in Montana [full PDF]