You know what Dean Martin would say about this beer industry economic impact report

A new beer industry report says beer distributors generate $888 million in economic activity in Oregon and directly employs 2,150 Oregonians. Overall distributor operations — ranging from operations to community involvement — account for 6,129 jobs .
An economic impact report released by the National Beer Wholesalers Association — “America’s Beer Distributors: Fueling Jobs, Generating Economic Growth & Delivering Value to Local Communities” — provides the first comprehensive report on beer distribution companies’ total impact on national and state economies.
The report also accounts for the amount of resources contributed by beer distributors in supporting community events and local economic development, contributing to charitable causes and promoting responsible alcohol use and adds the impacts of these activities to the usual impacts of distributor operations.
University of Delaware professors Bill Latham and Ken Lewis of the Center for Applied Business & Economic Research examines how account how beer distributor activities are intertwined with many parts of the economy, especially the personal services sector.
Latham and Lewis concluded Oregon ‘s 73 beer distributor activities contribute $202 million to the federal, state and local tax bases. Beyond that, beer sold in Oregon accounted for another $51 million in federal, state and local alcohol excise and consumption taxes.
Distributors investment in buildings, vehicles, software and energy-saving technology $43.7 million.
Separately, the Small Business Administration is celebrating its long-term relationship with the state’s micro-breweries.One of Oregon’s first micro-breweries expanded with the help of an SBA loan in 1995. Full Sail Brewing Company accessed $1 million for growth through the SBA’s 504 loan program. That program has grown to encompass
17 breweries receiving guarantees on loans of $14 million during the past three fiscal years, including Medford’s Walkabout Brewing Co., and Apocalypse Brewing Co., as well Caldera Brewing Co. in Ashland.

Here is a Business Insider report on Warren Buffett. This has been out there for a few days, but it’s worth reading in case you missed it.

USC study says fracking could be an economic boon in California.

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    Greg Stiles

    Covering the Southern Oregon business and economy since 2001. Read Full
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