The NBWA Beer Purchasers’ Index (BPI) is an informal monthly statistical release giving distributors a timely and reliable indicator of industry beer purchasing activity. BPI is the only forward-looking indicator for distributors to measure expected beer demand. Similar to the widely recognized Purchasing Managers’ Index, the BPI is a net-rising index and a leading indicator of industry performance based on surveyed responses from participating beer purchasers.
In this month's BPI, we see the comparison to data from March 2020, completed right before the widespread shutdown of the U.S. economy because of the COVID-19 pandemic. The March 2021 reading of 63 remains significantly above March 2020 reading of 50. However, the trend over the past couple of months still shows a continued, albeit slow, return to the long-running average total BPI of 57. The "at-risk" inventory measure for March 2021 is 37, a significant decrease from 57 in March 2020. This follows two significant recent events: the severe winter weather during week 8 that slowed many distributor operations and the recent cyber-attack that disrupted supply chain operations throughout the Molson Coors network.
Looking across the segments:
Beer Distributors: Please sign up to participate and receive the first and only advance notice of expectations for increasing or decreasing sales. Complete the form below using your company’s primary beer purchaser’s contact information. For additional information, please email email@example.com.