Lester:  “August Has Found A New Equilibrium”

Dear Client:  The latest Beer Purchasers’ Index from the NBWA for the month of August saw total beer register an index of 40, bringing a five-month streak of 50 or higher BPI readings to a close.  Looking at beer segments, the month was slim on expansion or improvement. Imports were the only segment to hit expansion territory in August with an index of 55, still, that was a six-point drop from its August ’23 reading of 61.  And the only