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Virginia



Full Economic Contribution of the Beer Industry: $4,537,100,000
 


Economic Snapshot
  direct impact* full impact*
  Jobs 17,600 60,000
  Wages $305,700,000 $1,425,500,000
  Value Added $1,336,000,000 $4,537,100,000


State and Local Taxes


  direct impact full impact
  Excise $38,500,000 $38,500,000
  Sales and Other $73,600,000 $222,500,000
  Total $112,100,000 $261,000,000


Federal Taxes


  direct impact full impact
  Excise $80,000,000 $80,000,000
  Other (payroll, income, etc.) $104,400,000 $681,000,000
  Total $184,400,000 $761,000,000


Total Federal, State and Local Taxes


  direct impact full impact
  $296,500,000 $1,022,000,000


1997/1998 Beer Industry


  businesses jobs
  Brewers 25 1,600
  Wholesalers 65 2,400
  Retailers 15,000 13,600




Economic Impact Generated on Affiliated Industries in Virginia

Jobs


  Agriculture 1,100
  Construction 500
  Packaging Material 1,500
  Transportation/Communications 3,500
  Food Processing 2,300
  Wholesaling 4,100
  Food Stores/General Retail 10,500
  Finance/Insurance/Real Estate 10,400
  Business/Personal Services 5,100
  Travel/Entertainment 12,100
  Others 8,900
  Total 60,000


Economic Activity


  Agriculture $165,700,000
  Construction $32,900,000
  Packaging Material $223,200,000
  Transportation/Communications $269,700,000
  Food Processing $892,800,000
  Wholesaling $332,400,000
  Food Stores/Small Greenhouse $345,800,000
  Finance/Insurance/Real Estate $559,300,000
  Business/Personal Services $241,000,000
  Travel/Entertainment $472,800,000
  Others $1,001,500,000
  Total $4,537,100,000


* Refers to actual accounting
** Refers to dynamic economic effects based on U.S. government models.
Note: All 1997 figures unless otherwise noted
Source: Steve L. Barsby and Associates, and Beer Institute


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