FlashNews - NAFEM Index Reports Solid 2004

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FE&S — FlashNews — 2005-03-28 — News

March 28, 2005

NAFEM Index Reports Solid 2004

The NAFEM Industry Index, which tracks sales volumes in the foodservice E&S industry, showed a 7% year-over-year increase in North American sales for 2004.

Export sales fared even better, growing by 18.4% in 2004 vs. 2003. Export sales in the fourth quarter alone grew by 19.8%.

When considering quarterly performance compared to the same period a year earlier, the study shows that the second half of 2004 was stronger than the first. Sales in North America grew by 1.2% in the first quarter, by 5.5% in Q2, by 13.2% in Q3 and by 10.7% in Q4.

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