Dear Client:As we've previously reported, NBWA's Beer Purchasers Index is a leading indicator of industry performance based on surveyed responses from participating beer purchasers at distributorships. Basically they ask whether they are buying "more, the same or less beer."A reading greater than 50 indicates segment expansion; below 50 indicates contraction.DECEMBER SEES LOWEST INDEX RESULTS IN TWO YEARS. How'd the most recent BPI index, for the month of December, fare?Terribly.In fact, at 45.7, the index was the lowest recorded result in
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