Cheers! A new economic study highlights how the U.S. beer industry from brewers and beer importers to beer distributors to retailers generates nearly $253 billion in economic activity, produces $48.5 billion in tax revenue and supports 1.75 million jobs.
The impact in Michigan is growing, with the industry responsible for thousands of jobs and billions in tax dollars.
According to the Beer Institute and National Beer Wholesalers Association study, the beer industry has contributed $6.6 billion to Michigan's economy.
The study also shows the industry contributes more than 35,000 jobs to the state.
It also generates $1.2 billion in taxes. The job breakdown includes: 30,149 jobs for retailers, 4,250 jobs for wholesalers and 1,152 jobs for brewers.
Michigan is 8th in jobs and 14th in economic impact. California is first.
You can read the study here.
Economic impact figures, tax contributions and job data for each state can be found here.