November 16, 2023
Produced with Sage Policy Group, Inc., IFDA's monthly newsletter is exclusively made for foodservice distribution leaders to help guide strategic business planning. It provides bite-sized data and analysis of macroeconomic trends and outlook, as well as tracking of the most industry-relevant economic indicators. The monthly format delivers information in a timely manner as new government and private-source data is released, offering unique real-time insight and more accurate short-term predictions.
Key takeaways from the November 2023 issue:
The economy has outperformed expectations throughout 2023, yet both consumer and business owner sentiment is dismal. What makes this disconnect interesting is that they indicate in surveys that their personal finances are in good shape, but the broader economy isn’t. Some highly visible economic factors contribute to this dissonance - learn more in the report.
- Inflation continues to subside faster than expected, and the Fed is likely done with rate hikes.
- Growth in spending on food services has outpaced overall retail sales over the past year.
- Despite a few downside risks, the economic outlook has improved since the start of the year.
View
glossary of economic indicators in the report.
Price: Free to all IFDA members as an exclusive member benefit.
Login to access the report
Related Articles
October 20, 2023
The FDA published its Final Rule on Requirements for Additional Traceability Records for Certain Foods on November 21, 2022. It establishes additional recordkeeping requirements for entities that manufacture, process, pack, or hold foods that FDA designates as being “high risk” foods. This guide outlines what foodservice distributors need to know. Read more
September 19, 2023
Cybersecurity is a priority for every business, but it's a complex field. IFDA's white paper helps foodservice distributors navigate the issue. Read more
June 2, 2023
This brief offers and overview of various types of warehouse innovation and how to explore the best path for your company. Read more