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Economist tells legislators Arkansas alcohol sector generates about $5 billion in economic impact
Summary
The National Beer Wholesalers Association economist told the joint committee that Arkansas’s alcohol industry accounts for nearly $5 billion in economic impacts, more than $1 billion in taxes and tens of thousands of jobs when multipliers are included, framing fiscal stakes tied to any regulatory change.
Lester Jones, chief economist for the National Beer Wholesalers Association, told a joint session of the Senate City, County & Local Affairs Committee and House Committee on Rules that the alcohol and beverage sector supplies a substantial economic footprint in Arkansas and that state policymakers should weigh fiscal outcomes when considering…
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