- by Chris Dyer
- March 8 2018
- consumer spending
- economy
- government spending
Growing Economy Drives Labor Force Growth
The US civilian labor force is forecast to reach 167 million people in 2022 on annual average growth of less than 1.0%. At the same time, the number of unemployed workers in the labor force is expected to increase by 1.7% annually to 2022.
- by Chris Dyer
- March 5 2018
- food and beverage
- snack food
Snack Foods Grow More Ubiquitous
US demand for snack foods is forecast to total $93.2 billion in 2022. In recent years, some younger consumers (e.g., millennials) have moved away from the traditional three meals per day and shifted into a lifestyle involving increased snacking, or multiple smaller meals, throughout the day, generating greater demand for snack foods and a rise in the number and variety of new product offerings.