On March 22, 1933 President Franklin Roosevelt signed into law "National Beer Day" that's recognized today, April 7.

The law allowed for the legal sale of low-alcohol beer in the U.S., several months before Prohibition was completely repealed.

Brewers like  Anheuser Busch (BUD) Constellation Brands (STZ)  and  Molson Coors Brewing (TAP) all help contribute roughly $253 billion to the U.S. economy every year. 

"The amount of beer sold in the U.S. each year could fill the Lincoln Memorial Reflecting Pool over a thousand times," President & CEO at Beer Institute Jim McGreevy told D.C.-based news station WTOP.

There are over 4,000 active breweries in the U.S., and the Beer Institute said roughly 1.75 million Americans have jobs as a result of the American beer industry. Those jobs account for nearly $79 billion in wages and benefits each year to the U.S. economy.

The beer business is big enough that it accounts for nearly 1.5% of the nation's total GDP.

(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)

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