IFDA Economic Report - Q2 2021

This quarterly report by IFDA and ITR Economics provides macro-economic trends, detailed information on leading economic and industry indicators, and projections that assist foodservice distributors with strategic business planning. Each report includes exclusive analysis of what the current situation and predictions mean to distributors.

In the latest issue:

• Due to the robust economic recovery already underway, demand for commodities has spiked while supply is lagging, resulting in significant upward pressure on producer and consumer price inflation.
• Many businesses are facing lengthening delivery times as suppliers and the global supply chain strain under backlogs from the pandemic, rising demand, and complications due to severe weather.
• Business challenges are changing as the economy recovers; “positive problems” are coming to the forefront. Take proactive steps now to take advantage of the cyclical rise ahead and prepare for record high activity in the industrial sector next year.
• While the economy has been adding jobs that were lost to the pandemic, we will likely experience a shortage of skilled labor in many segments in 2021 and 2022.
• Foodservice sales and consumer spending in restaurants remain in a recessionary phase, but are expected to start rising in the near future.

Price: Free to all IFDA members as an exclusive member benefit.

Log in to access the report