October Beer Ordering Increases From September, Still Reflects Cautious Outlook

The October Beer Purchasers’ Index (BPI) reading of 42 was up 11 points from September, representing an increase in monthly ordering levels. A slight year-over-year decline from 48 in October 2023 indicates a continued cautious outlook and aligns with the post-COVID marketplace, as the past three Octobers have all seen contracting (<50) BPI readings.