NBWA Beer Purchasers’ Index for May Indicates Softness in Craft
The National Beer Wholesalers Association (NBWA) released the Beer Purchasers’ Index (BPI) for May 2022.
The index is an attempt to generate a forward-looking indicator to measure expected beer demand. The index surveys beer distributors’ purchases across different segments and compares them to previous years. A reading greater than 50 indicates the segment is expanding, while a reading below 50 indicates the segment is contracting.
The craft index is at 37, which is well below the May 2021 reading of 65. Imports remained strong with a reading of 71, slightly higher than the May 2021 reading of 68. Not surprisingly, The FMB/seltzer index took another big hit, falling to 37 from a reading of 82 in May of 2021.
See the full results here.
