California Business Minute™

Hi, I am Tim Johnson and welcome to the California Business Minute.
A new economic impact study shows that the beer industry, directly and
indirectly contributes $25,252,333,555 annually to California's economy.
The study, commissioned by the National Beer Wholesalers Association (NBWA)
and the Beer Institute, also shows that the industry's economic impact in
California includes 211,082 jobs -- paying $8,348,855,437 in wages -- as
well as $1,282,032,097 in federal, state, and local taxes.

According to the study, the beer industry directly employs 108,199 people
in California, paying them $3,625,642,816 in wages. The 207 beer distributors
in California employ 11,519 people. Large and small brewers and beer importers
employ approximately 5,391 people. Beer sales help support roughly 91,289 jobs
at licensed retailers, which include supermarkets, convenience stores, restaurants,
bars, stadiums and other outlets.

Nationally, the beer industry directly and indirectly contributes more than
$198 billion annually to the U.S. economy and provides nearly 1.9 million jobs --
generating nearly $62 billion in wages and benefits. The industry also paid
$41 billion in business, personal and consumption taxes in 2008. Consumption taxes
included $3.8 billion in federal excise taxes, $1.7 billion in state excise taxes
and $5.7 billion in state and local sales taxes.

The Economic Impact study covers data compiled in 2008. The complete study, including
state-by-state and congressional district breakdowns of economic contributions, is
available at Beer Serves America, www.BeerServesAmerica.org.  For further information:
www.beerinstitute.org and to learn more about America's Beer Distributors, visit
http://www.nbwa.org.

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