Based on information available as of Oct. 23, 2022 from PitchBook Data, Inc., consumer products closed deal activity continued to slow, contracting for the third consecutive quarter. Current economic challenges, including inflationary pressures and the resulting shift in consumer discretionary spending, ... READ MORE >
food and beverage companies
Food manufacturing job numbers could signal slowing food inflation
Last Friday’s jobs report brought good news for the food manufacturing industry and a potential signal that surging food costs may begin to temper. The food manufacturing industry added 8,300 non-supervisory and production jobs in September representing a monthly increase of 0.6% and an increase of ... READ MORE >
Chart of the day: Middle of the supply chain feels outsized impact of rising food costs
While U.S. core and headline inflation came in below expectations, according to the latest Consumer Price Index release, it will be well into next year before consumers see this inflation slowdown in their grocery bills and restaurant tickets. Retailers and distributors are continuing to feel the pinch of ... READ MORE >