How Will Coronavirus Impact Craft Beer?

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How Will Coronavirus Impact Craft Beer?
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Brewers Association predictions suggest small brewers need your support now more than ever.

. Two things appear to work in beer’s advantage: One, it’s the kind of item some people may want to be well-stocked with during an emergency, and two, even in times of economic trouble, people don’t necessarily give up their brewskis.

For now, though, the numbers would seem to show that beer is a part of people’s prepping plan. For BA-defined craft breweries, sales volumes had actually been down 0.3 percent for the first nine weeks of 2020 compared to last year, but last week, sales jumped up 3.7 percent over the year before. “One week is a small sample that I typically don’t like to show, but these are unusual times,” Watson wrote.

In general, beer has been relatively stable during economic downturns; though Watson also explicitly states, “Comparing a recession brought on by a novel virus pandemic to one brought on by bankers taking huge risky bets on the housing market isn’t taught in Econ 101.”

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