UMaine Beer Economic Impact Study Referenced in Mainebiz Article
An economic impact study on Maine’s craft beer industry that was commissioned by the Maine Brewers’ Guild and conducted by two professors at UMaine’s School of Economics was the focus of a Mainebiz article. The study found the state’s craft beer industry could double in the next four years. It also found that Maine breweries sold $92.6 million worth of beer while employing almost 1,500 workers, and the industry generated an additional $35.5 million from sales at brew pubs, restaurants and retail shops. With revenue from peripheral industries, such as festivals, hotels and beer tours, the study estimated the Maine craft beer industry resulted in an annual statewide economic impact of $189 million, according to the article.