Category Archives: Economic Outlook

Total Bev/Al Has Settled Into a New Normal

That’s the conclusion of bw166, and what it has to say about the new normal should disturb a lot of bev/al execs at both the wholesaler and supplier levels. Take, for instance, beer.  Superficially, beer is up 1.9%, about 107.2 million … Continue reading

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To Avoid Blackouts, London Paid $11,700 Per Megawatt Hour for Electricity from Belgium

Why is a newsletter focused on alcoholic (and alcohol-removed) beverages reporting this?  Because paying 5,000% more than the regular spot price is what happens when utilities — I mean the folks responsible for power generation, distribution and regulation — fail … Continue reading

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Economy Watch: Recession Threat Is Rising, ING Says

“U.S. inflation is above 9%, but it is the breadth of the price pressures that is really concerning for the Federal Reserve,” says James Knightley, chief economist at ING Economics. “With supply conditions showing little sign of improvement the onus … Continue reading

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Economy Watch: U.S. Spending Breakdown Fuels Recession Fears

U.S. consumer spending has been revised sharply lower through the first four months of the year, and with May now reporting an outright contraction it is clear that the trajectory of the US economy is not looking good. Further interest … Continue reading

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Consumer Concerns Grow with Recession Talk

The Conference Board measure of consumer confidence fell more than expected in June to 98.7 from a downwardly revised 103.2 (consensus 100). The forward-looking expectations component bore the brunt, dropping from 73.7 to 66.4, taking this series to the lowest … Continue reading

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Consumers Curtailing Wine Consumption: Survey

Wine prices have started to surge across the US as inflation and supply-chain issues impact the liquor and wine market. A new survey of more than 500 wine enthusiasts found that two-thirds of consumers are feeling the pinch and are … Continue reading

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