Report: Iowa craft brewers generate $1.25 billion in economic impact
16 Jul 2024
News
The Iowa Brewers Guild, a not-for-profit trade association of professional brewers of beer, cider and wine in Iowa, has released a new economic impact report highlighting the industries’ contributions to the state’s economy.
Fourth Economy, a national community and economic development consulting firm, was hired by the Iowa Economic Development Authority to conduct the economic impact analysis of the craft beer, wine, and distillery industries in the state.
The report found that Iowa breweries generated a total economic impact of $1.25 billion from brewery operations, trade and tourism in 2022. Compared to the $245 million in the 2020 report, the report shows a significant increase in the industry’s impact throughout Iowa.
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