Keybridge Releases Report on 2019 Progress toward the 2025 Beverage Calories Initiative Community Calorie Goal

Keybridge Releases Report on 2019 Progress toward the 2025 Beverage Calories Initiative Community Calorie Goal

December 9, 2020

In September 2014, the American Beverage Association, The Coca-Cola Company, Keurig Dr Pepper (formerly Dr Pepper Snapple Group), PepsiCo, and the Alliance for a Healthier Generation announced a commitment to reduce beverage calorie consumption per person by 20 percent by 2025 nationwide and in 8-10 select communities. This report features 2019 estimates and change since baseline of per person beverage calorie consumption for each of the five BCI Communities selected to date.

Link: 2025 Beverage Calories Initiative: Report on 2019 Progress toward Community Calorie Goal

Link: Detailed Methodology

U.S. Economic News

U.S. Economic News

December 8, 2020

U.S. Economic Indicators

The NFIB Small Business Optimism Index declined to 101.4 in November as six underlying components weakened and four improved. Plans to increase future employment improved modestly while overall expectations for future economic conditions deteriorated. NFIB Report

Nonfarm business sector labor productivity increased at an annual rate of 4.6% in Q3 (revised). Hours worked increased 37.1% while unit labor costs fell 6.6%. BLS Report

U.S. Economic News

U.S. Economic News

December 7, 2020

U.S. News

Bloomberg reports that while U.S. inflation may briefly run above the Fed’s 2% target next year, continued slack in the labor market mean any jump in prices is unlikely to be sustained. Economic forecasters surveyed by Bloomberg expect inflation to temporarily rise above 2% in the second quarter before easing in the latter half of the year. Bloomberg

According to the Wall Street Journal, China’s trade surplus reached a record high in November amid global demand for pandemic-related consumer goods like PPE and work-from-home electronics. China’s imports of all U.S. products, meanwhile, were up 33% year-over-year last month, though purchases of American farm and energy products remain far below levels promised in the trade deal reached earlier this year. WSJ

U.S. Economic News

U.S. Economic News

December 4, 2020

U.S. Economic Indicators

The U.S. economy gained 245,000 jobs in November, well below expectations. The unemployment rate declined by 0.2 percentage point to 6.7% while the labor force participation rate fell 0.2 percentage point to 61.5%. BLS Report

The U.S. trade deficit widened from $62.1 billion (revised) in September to $63.1 billion in October. The goods deficit rose by $0.6 billion while the services surplus fell by $0.4 billion. Census Bureau Report

New factory orders for manufactured goods rose 1.0% in October following a 1.3% (revised) increase in September. New orders excluding transportation were up 1.0%, while new orders for nondefense capital goods excluding aircraft rose 0.8%. Census Bureau Report

 

U.S. Economic News

U.S. Economic News

December 3, 2020

U.S. Economic Indicators

The ISM Services Index fell 0.7 point to 55.9 in November, indicating continued growth in the services sectors but at a slower pace than October. The New Orders Index fell 1.6 points to 57.2, while the Employment Index increased 1.4 points to 51.5. ISM Report

Initial jobless claims fell 75,000 to 712,000 last week. The four-week moving average decreased 11,250 to 739,500. DOL Report