This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

10 Best Beer States of 2011

Stocks in this article: BUD TAP HOOK DEO

6. New York
Number of breweries: 59
Capita per brewery: 328,442
Production in 2010:10.3 million barrels
Consumed per capita in 2010: 16.5 gallons
This is an easy choice to knock. Only Connecticut (16.2 gallons) and Utah (12.4) drink less beer per capita than New York does. Those two states still have a higher capita per brewery ratio than New York, which ranks ahead of only 10 other states and trails Rhode Island and South Dakota despite each of those states having only four breweries apiece.

So what's New York doing here? It comes down to two factors: outcome and potential. New York produces the fourth most beer in America, but the two states directly in front of it -- Florida with 12.7 million barrels and Texas with 19.4 million -- have even worse brewery-to-human ratios. Texas, despite having Anheuser-Busch InBev and MillerCoors facilities and a cool 431,000 barrels a year from Shiner Bock producer Spoetzl, still has less than one brewery for every 500,000 Texans.

New York, meanwhile, gets a big boost from the A-B plant in Baldwinsville and from Labatt's U.S. headquarters in Buffalo but also has a lot of help from Rochester-based North American Breweries. The holding company is based out of Genesee Brewing headquarters and still produces cans of Genny Cream Ale, but also includes Dundee Brewing, Vermont-based Magic Hat, Seattle-based Pyramid and Portland, Ore.-based MacTarnahan's in its portfolio. Collectively, the NAB brands grew 6.8%, to nearly 2.3 million barrels worth of production in 2010.

That's just the frothy head on New York's big brew, as F.X. Matt Brewery, which produces the Saranac line, contributes another 182,000 barrels and Brooklyn Brewery has nearly doubled its output from 58,000 barrels in 2006 to 108,000 last year. With smaller players like Brooklyn's Six Point and Long Island's Blue Point quickly gaining consumers and craft credibility, New York seems the most likely among the big-brewing states to slide its production up above the 0.2% growth of the past decade.

6 of 11

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs