DENVER BUSINESS JOURNAL - To all those who have been waiting for the craft-beer bubble to burst, the Brewers Association sent a definitive message Monday: It's not coming anytime soon.
Through the first half of 2014, production of locally made beer is up 18 percent from the mid-point of 2013, according to the Boulder-based national industry group.
This comes as national shipments of all beer are down 0.1 percent through the end of May — a disparity that Bart Watson, chief economist for the BA, said tells a striking story about craft beer's rising popularity.
"This is certainly the fastest mid-year growth we've seen in the current period of growth," said Watson. He noted that the only time production increases have exceeded 18 percent were in the 1980s and early 1990s, when there were far fewer breweries to use as a base for comparison. "I think it continues to show the sustainability of craft beer. The demand is strong and diffuse across the country."
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