Want to know how the craft beer industry is doing in the state of Michigan? Just ask the Demeter Group Investment Bank of San Francisco because according to those folks, the answer is, just fine.
Actually, it's a bit better than just fine, if one reads the study carefully. A front page story in Sunday's Mining Journal had the details.
For example, according to the study, which relied on an economic impact report from the Virginia-based National Beer Wholesalers Association, the craft beer industry grew by a more than a respectable 20 percent in 2012.
Put another way, some 17 new breweries opened their doors, and taps, last year, bettering the national everage by 12 percent.
Overall, there are more than 100 breweries in Michigan with more opening all the time. New breweries opened in Big Rapids, Grand Rapids, Lake Leelanau and Marquette
Marquette, which already hosted outstanding operations in the Vierling Restaurant and Marquette Harbor Brewery and the Black Rocks Brewery, added the Ore Dock Brewery. Additionally, Jasper Ridge Brewery in Ishpeming continues to produce a very high quality beer.
The overall economic impact is significant. According to the Michigan Brewers Guild, Michigan's thriving industry contributes more than $24 million in wages, with a total economic impact of more than $133 million overall.
The guild represents 87 breweries in the state. Michigan ranks fifth in the nation in total number of breweries, microbreweries and brewpubs.
So, Superiorland, celebrate the good news by treating yourself to an ice cold craft beer.