ALEXANDRIA, Va. — Today, the National Beer Wholesalers Association (NBWA) released the Beer Purchasers’ Index (BPI) for March 2020.
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.
Data for the March 2020 Beer Purchasers Index was collected from March 9 — 20, coinciding with the period of temporary on-premise closures and simultaneous increased off-premise volumes due to pantry stocking.
After two months of positive expanding beer orders in January and February, the March 2020 BPI stalled at 50. With temporary closures of on-premise establishments, the craft segment plummeted to lowest ever index recording at 35.
In addition, the “at-risk inventory” index (inventory at risk of going out of code in the next 30 days) for total beer held at 44 and has remained below the 50 mark for the past nine months. However, with temporary closures of many on-premise accounts, the craft segments “at risk” index rose to 65 in March 2020 from 58 in March 2019.
Looking across the segments: