RubinBrown Food & Beverage Update 2015

Current Economic Indicators

Highlights

Consumer Confidence Index

Producer Price Index

 Consumer confidence continued to increase until it peaked in January 2015, decreasing by 8.4 points over the following four months. The Conference Board attributes the recent decline to consumer’s uncertainty in the financial markets prompted by the deteriorating situations in Greece and China.  The recent movement in PPI for food manufacturers was largely attributed to the volatility of cattle and hog prices. The prices for both increased during the first half of 2014, before hog prices declined sharply beginning in the second half of 2014.  PCE per capita on food has exhibited a relatively

120

220

100

200

80

180

60

40

Food Manufacturing Beverage Manufacturing

160

20

Source: US Bureau of Labor Statistics (BLS)

Source: The Conference Board

140

0

Disposable Personal Income Per Capita

Personal Consumption Expenditures Per Capita on Food

$2,700

$40,000

$38,000

$2,600

$36,000

$34,000

$2,500

$32,000

steady decline since January 2014, before reversing in March 2015.

Source: US Bureau of Economic Analysis (BEA)

Source: US Bureau of Economic Analysis (BEA)

$2,400

$30,000

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Food & Beverage Industry Sector: 2015 Mid-Year Update

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