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.