New Report on Beer’s Global Economic Footprint Highlights The Impact The Industry Makes

  • Date: 10-Feb-2022
  • Source: Forbes
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

New Report on Beer’s Global Economic Footprint Highlights The Impact The Industry Makes

SOUTHWOLD, ENGLAND - JUNE 25: Kegs of beer are stacked in the Adnams brewery on June 25, 2013 in ... [+] Southwold, England.

One of the most comprehensive economic reports ever undertaken to assess the beer industry's impact on the global economy was just released. It highlights the crucial role it has as an economic engine. The report, Beer’s Global Economic Footprint, was authored by Oxford Economics on behalf of the Worldwide Brewing Alliance (WBA). It found that 1 in every 110 jobs in the world is linked through direct, indirect, or induced impact channels to the beer sector and that its total economic impact amounted to $555 billion of gross value added to the global GDP.