Reopened borders, pent-up demand set to boost spending on travel-related goods
Value gains from organic and specialty yogurts expected to offset falling sales volumes
Recent gains from stay at home pandemic trends expected to taper off
High movement activity among workers to drive gains
Sanitation of office, public spaces to support increases
US Crude Petroleum Consumption, Production Expected to Remain Below Pre-Pandemic Levels Through 2025
10/27/2021
Rising freight activity offset by drop in business/commute travel, increasing fuel efficiency
Volumes in 2025 set to fall below pandemic-induced lows of 2020, in spite of near-term upticks
High rate of COVID-19 vaccination among elderly to support facility occupancy
Industry set for recovery after pandemic-induced contraction in 2020
Longer term recovery expected as business and recreation travel resume