Call it the Commonwealth Cocktail Census: Kentucky is now home to two barrels of aging bourbon (and other spirits) for each woman, man, and child living in the Bluegrass State.
The Kentucky Distillers’ Association (KDA) reports 9.1 million total barrels of spirits in Kentucky warehouses, thanks in part to the 2.1 million barrels of bourbon filled last year. Both are modern-era records, surpassing numbers set in 1967. Bourbon makes up the majority of what is now aging in the Commonwealth, with 8.5 million barrels.
“This is a historic day that cements Kentucky’s rightful title as the one, true and authentic home for Bourbon and distilled spirits,” KDA President Eric Gregory said. “It’s also further proof of Kentucky bourbon’s monumental economic impact and ever-increasing demand.”
The bourbon industry is an $8.6 billion economic engine that generates more than 20,100 jobs with an annual payroll topping $1 billion, according to the KDA.
Despite this significant growth, the KDA warns that high taxes on distillers in Kentucky and tariffs and trade wars on the worldwide market pose a threat to the future of the industry.
By Brian G. Miller
Read the complete KDA news release here.