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  1. Global market movements are currently affecting indices in both New York and Toronto, aided by financial sector strength.
  2. Market activity is centered in New York.

Bank of America Analysts Report US Beer Shipments Falling Below 1980 Levels

1 report, 1 independent Updated 00:00
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Bank of America analysts presented findings from the Beer Insights Seminar in New York City, noting that US beer shipments fell 3.9% through September. If this trend continues, annual shipments are projected to reach 176 million barrels, below the 178 million barrels shipped in 1980. The analysts cited stretched household budgets, growing health concerns, and increased demand for GLP-1 drugs and cannabis products as pressures on demand.

From zerohedge.com

Why it matters

Some supportBrind's analysis of the reports

The decline in beer shipments reflects broader shifts in consumer spending and drinking habits within the US market. Analysts also noted that growth is moving toward RTDs and the 'ade' segment, while optimism remains high for the non-alcoholic beer category.

Global market movements are currently affecting indices in both New York and Toronto, aided by financial sector strength.

From zerohedge.com

Who's involved

  • Bank of AmericaProvided consumer staples analysis and outlined industry takeaways after attending the seminar.
  • New York CityLocation where the annual Beer Insights Seminar was hosted.

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