Brewing Biz Pours $714M Into Colorado Economy

DENVER (Denver Business Journal) – Colorado’s craft brewing industry produces an annual economic impact of $714 million, according to a study scheduled to be released Tuesday that is the first to quantify what the growing industry sector means to the state.

Employing 4,170 people, the 139 breweries in the craft segment are responsible for $483 million in direct economic effect, according to the study done for the Colorado Brewers Guild by the business research division of the Leeds School of Business at the University of Colorado.

The additions of indirect and induced effect create the final total, which includes $179 million in labor income, the study says.

denver business journal Brewing Biz Pours $714M Into Colorado EconomyRead more on the website of CBS4 partner the Denver Business Journal.


Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Denver

Marijuana In Colorado: Talking With Youth

Listen Live

AM/FM Stations

Featured Shows & Multimedia