US Craft Beer Industry Faces Unprecedented Closures

In 2024, the U.S. craft beer and hospitality sector has seen a significant wave of closures, including longstanding establishments like Something Wicked Brewing Company in Hanover, Arktos Meadery in Grand Rapids, and Resident Culture in Charlotte. Milwaukee's Triple Taproom, featuring 3 Sheeps, Hacienda Beer Co., and Door County Brewing, also closed abruptly due to ongoing financial struggles, reflecting a broader national trend. For the first time in nearly two decades, the Brewers Association reports that more breweries closed than opened, amid falling production and mounting economic pressures. Contributing factors include rising operational costs, supply chain disruptions, tariffs on raw materials such as aluminum, and reduced downtown foot traffic. The closures have sparked disappointment among patrons and owners alike, but some businesses are attempting to adapt by relocating, reorganizing, or shifting their business models. Community support remains seen as critical for the survival of independent breweries and eateries.