Outside, you could feel Houston's collective relief at outlasting another summer. Inside the hospitality room at Silver Eagle Distributors, you could even imagine jacket weather. The distributor's fall/winter trade show highlighted a couple of fine pumpkin ales and a muscular stout from Chicago — beers brewed to match the cooler seasons. The show's main display paid tribute to the Christmas craft beers that will soon return. Invited bar representativess and beer buyers were able to sample brews from more than 40 breweries.
The Daily Brew
The next frontier for the beer market might not be your local bar or pub, or the beer cooler at your nearby supermarket; it’s your kitchen counter. Beer makers want a spot on the counter as the beer market aims to emulate the success of table-top coffee makers like the Keurig or Nespresso. Heinken’s The Sub “draught beer lifestyle appliance” is the latest salvo in what could be the next hot emerging sector of the beer market.
Mid America Beverage has always seemed to evolve with the times, growing into one of Indiana's largest beer distributors. It started in 1915, when Bert Miller operated a delivery service called Miller Transportation. Powered by horse and wagon, Miller would pick up salesmen at the downtown train depot and bring them to the various dry good stores. In the 1930s, buses were just coming out, and Miller was going to get the bus franchise. Someone else wanted it, and Prohibition was just ending, so he ended up selling the bus franchise and, instead, picked up the first beer wholesaling license in Kokomo, Indiana, in 1934.
Nationwide, the number of craft breweries independent of Anheuser Busch and MillerCoors increased from 500 to about 3,000 over the past 20 years, according to the Brewers Association. Beer distributors in the east suburbs of Pennsylvania have reaped the benefits of the trend. Craft and import beer — not including Corona or Sam Adams — make up about 20 percent of business at Salute Beer Distributor in Plum, Pennsylvania, Owner Larry Simpson said. Eight years ago, craft and import beer made up about 7 percent of sales, he said.
In Nashville, the craft beer revolution has picked up the pace. The region's craft beer scene has grown to include more than a dozen craft breweries, up from just a handful three years ago. Local breweries are adding canning lines, buying more tanks and expanding capacity to keep up with demand. Or, in the case of Turtle Anarchy, doing all three. "We're increasing our capacity and looking into picking up some partnership brands," said Turtle Anarchy Owner Mark Kamp. So far, Turtle Anarchy has partnered with Lipman Brothers to distribute the brewery's beer.
The American economy had a smooth summer. Gross domestic product increased 3.5% between July and September, according to the U.S. Commerce Department. It exceeded analysts' expectations and offered more proof of an economy gaining momentum.
The Federal Reserve announced the end of its bond-buying program Wednesday, marking the close of a six-year effort to stimulate the economy. The decision reflects how much the economy has improved since the recession.
Twitter Inc.’s user growth is slowing at about the same pace as Facebook Inc.’s did when it was just as old, according to data compiled by Bloomberg. The shares of Twitter fell almost 10 percent yesterday on investor concerns that it’s too early for the company to face a deceleration.