ALEXANDRIA, Va. — Today, the National Beer Wholesalers Association (NBWA) released the Beer Purchasers’ Index (BPI) for July 2020 as beer distributors around the country are reacting to significant changes in consumer demand and working to meet unprecedented challenges in the marketplace.
The total Beer Purchasers' Index for July 2020 dropped to 70.5 from last month's all-time high mark of 81, though it is still above last year's July reading of 64.7.
Notably, the "at-risk inventory” index for total beer (inventory at risk of going out of code in the next 30 days) fell to another all-time low reading of 20 in July 2020 from 45 in July 2019.
NBWA Chief Economist Lester Jones explained, "Beer distributors continue to take an aggressive stance in their ordering to minimize out-of-stocks in the marketplace during the hot summer months of 2020."
BPI is the only forward-looking indicator for distributors 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.
Looking across the segments: