The San Diego Brewers Guild and California State University San Marcos Report an Economic Impact of More Than $1 Billion in Output

Philanthropic contributions for San Diego County craft brewers totaled $4.9 million in 2017

San Diego’s independent craft brewing industry continues to have a major economic impact on the region. At the 2018 San Diego Craft Beer Economic Impact Summit, held on Wednesday, Oct. 10th, the California State University San Marcos (CSUSM) Office of Business Research & Analysis, in collaboration with the San Diego Brewers Guild (SDBG), shared preliminary findings showing significant revenue growth for independent brewers in America’s Finest City. San Diego County craft brewers produced an economic impact of about $1.1 billion in output and generated about $802 million in revenue for 2017. 
 
SDBG, a nonprofit organization supporting San Diego’s community of more than 130 independent brewers, plays a critical role in promoting the county’s diverse craft brewing community through events and education. The organization joined forces with the CSUSM Office of Business Research & Analysis to conduct research on the region’s independent craft brewing industry and its economic contributions. Led by Ed Ashley, the Director of Business Development in the CSUSM College of Business Administration, the university student research group worked to apply classroom knowledge and research methods for developing an annual San Diego Craft Beer Economic Impact Report and releasing updated 2017 fiscal numbers.  

“It’s great to see local universities, such as California State University San Marcos, in San Diego County take an active interest in supporting our independent brewing community,” said San Diego Brewers Guild Executive Director Paige McWey. “2017 proved to be a successful year for the ‘Capital of Craft,’ and these research findings truly show our vibrant region is on track for continuous growth. I look forward to celebrating the release of the full report this November during San Diego Beer Week!”

An additional focus of this year’s report examined the monetary impacts of community engagement. San Diego independent craft brewers’ philanthropic contributions totaled $4.9 million in 2017, supporting more than 200 nonprofit organizations in the county and 500-plus nonprofit organizations in California. These totals illustrate how much giving back to the community is a core principle of the craft beer community.

“CSUSM is home to various craft beer-centric programs that are helping document the history of San Diego craft beer,” said Ashley. “It was a natural fit for the university to collaborate with the Brewers Guild and develop an annual report benchmarking our region’s accomplishments. Two years later, it’s proven to be a positive asset for the industry, and I’m thrilled to be leading this research on behalf of a forward-focused institution.”

The full San Diego Craft Beer Economic Impact Report, prepared by CSUSM in collaboration with SDBG, will be released during San Diego Beer Week—Nov. 2nd – 11th, 2018. More information about the San Diego Brewers and its members is available at sdbeer.com.

KEY FINDINGS AND EXECUTIVE SUMMARY:
– Nationwide, craft beer retail dollar sales increased 8 percent to $26 billion during 2017. This sales figure represents 23 percent of the $111.4 billion national beer market.
– San Diego still ranks as the top county in the nation with more than 130 independent craft brewing locations.
– San Diego County craft brewers produced over 1.1 million barrels (bbl) of beer during 2017, up from 900,000bbl during 2016.
– San Diego County craft brewers produced an economic impact of about $1.1 billion in output for 2017, up from $870 million in output during 2016. This number represents about triple the impact of Balboa Park and all of its associated activities (i.e. museums, attractions, convention activities, the zoo, etc.) in San Diego.
– San Diego County craft brewers generated about $802 million in revenue for 2017, up from $638 million during 2016. This number represents about triple the amount of revenue generated by the San Diego Padres during 2017.
– Recent decreases in federal beer excise taxes have freed dollars for craft brewers to reinvest in their businesses and in the community.
– San Diego independent craft brewers’ philanthropic contributions totaled $4.9 million in 2017, supporting more than 200 nonprofit organizations in the county and 500-plus nonprofit organizations in California.
Most of the adverse reactions have been reported shortly after sexual activity. viagra online about viagra online Since some of its practices have been around for a long time is a very good indication that free levitra samples it works. One of the most embarrassing things anyone has to http://cute-n-tiny.com/cute-animals/bear-friends/ cialis generic overnight go through is likely to fall sick time and again. It is true that sexual lives of many people to opt for the buy viagra no prescription cheaper options offered by incompetent service providers.

About San Diego Brewers Guild
Founded in 1997 by a group of brewers dedicated to the growth of craft beer, the San Diego Brewers Guild is a nonprofit 501(c)(6) organization comprised of allied brewery members, tradespeople, and various goods and services providers. Since its founding, the Guild’s mission is to promote awareness of local, independently brewed beer via education, events and community involvement. San Diego (aka The ‘Capital of Craft™’) is home to more than 130 independent craft breweries and continuously garners attention for its medal-winning beer styles and positive international reputation. For more information about the San Diego Brewers Guild and its members, visit sdbeer.com or follow @SDBrewers on Twitter, Instagram, and Facebook (facebook.com/SDBrewersGuild).

About California State University San Marcos
Building on an innovative 28-year history, California State University San Marcos is a forward-focused institution, dedicated to preparing future leaders, building great communities and solving critical issues. Located on a 304-acre hillside overlooking the City of San Marcos, it is the only public four-year comprehensive university serving North San Diego, Southwest Riverside, and South Orange Counties.

The University enrolls 17,000 students. With approximately 2,000 employees, the institution is a Great College to Work For® (The Chronicle of Higher Education). As a recipient of the annual HEED Award since 2014—a national honor recognizing U.S. colleges and universities that demonstrate an outstanding commitment to diversity and inclusion—CSUSM is committed to creating a diverse and inclusive environment. For more information visit csusm.edu. 

About California State University San Marcos, Office of Business Research & Analysis
The College of Business Administration (CoBA) in conjunction with the University Library, and the College of Humanities, Arts, Behavioral and Social Sciences (CHABSS) are offering a suite of research services for a fee to benefit small businesses and non-profit organizations. The Office of Business Research and Analysis unites faculty expertise with student researchers to produce Business Plans, Economic Impact Analyses, Econometric Analyses, Geographic Information Systems Studies, Industry Sector Forecasts, Marketing Analyses, and more. For more information visit csusm.edu/coba/obra. 

Be sure to follow us on our social media and join the conversation with great people around great beers. FACEBOOK | TWITTER | INSTAGRAM