Our economists noted last week that September’s overall restaurant sales data was solid, carrying a near-record percentage of total retail sales. David Maloni, chief economist at ArrowStream, points out in the chart that this has been a building trend for some time.
Topics: Market Intelligence
This week, the USDA released its dairy cold storage data, and David Maloni, ArrowStream economist, noted that the news was generally favorable.
Topics: Market Intelligence
Rising labor costs aren’t only a concern for foodservice operators, they’re also a concern for the industry’s supply chain. David Maloni, ArrowStream economist, noted that food manufacturing wages have been on the rise as well, climbing an average of 3 percent annually during the last five years.
Topics: Market Intelligence
Despite some recent slowing in restaurant sales, growth in 2019 for the industry as a whole has been good. However, rising labor costs continue to be a major concern for the industry.
David Maloni, ArrowStream's economist, noted this week that chicken wing prices haven’t rallied as they usually do this time of year.
Topics: Market Intelligence
David Maloni, ArrowStream commodity expert, stated this week that domestic lean beef trim prices have been resilient the last few weeks. What's the cause?
Topics: Market Intelligence
Cheese prices continue to rise with both blocks and barrels reaching fresh multi-year highs this week.
Topics: Market Intelligence
ArrowStream's supply chain and commodities experts, Jeff Dorr and David Maloni, will present at Revelry Group's Financial Leadership Exchange (FLEX) September 15-18, 2019, in Sun Valley, ID.
Topics: News
The USDA projects the total net farm income to rise to $88 billion this year. ArrowStream's commodity expert, David Maloni, noted that this would be $4 billion more than the previous year and the highest since 2014.
Topics: Market Intelligence
