GE Capital Invests $12.7B in Food, Beverage & Agribusiness



In its most recent Industry Research Update on Food, Beverage and Agribusiness, GE Capital noted that as of November 2014 its Americas unit invested $12.7 billion across the value chain encompassing food, beverage and agribusiness.

According to the GE Capital report, Retail & Restaurants, Wholesalers & Distributors, Food & Beverage Manufacturers and Agribusiness accounted for $6.3 billion, $1.4 billion, $2.8 billion and $3.3 billion, respectively.

Highlights from the report included:

  • Supermarket comparable sales remain in the 0% to 3% range driven by -1% to 0% volume growth and 1% to 3% price.
  • Restaurant comparable sales remain in the 1% to 3% range driven by 1% to 0% volume growth and 2% to 3% price.
  • Growth in housing prices remains positive albeit at a slowing rate, with the Case Shiller 20 city index rising +4.6% Y/Y in January.
  • Increases in the performance of the S&P500 was a tailwind to the consumer balance sheet, averaging +15% Y/Y for trailing month.
  • Gas prices continue to fall as oil futures have fallen below $50/barrel, down 50% Y/Y leaving consumers with a larger share of monthly discretionary income.
  • The Consumer Confidence Index, as measured by the Conference Board, increased 2.5 points in March to 101.3 from 98.8 in February.

To read the GE Capital Industry Research visit http://www.americas.gecapital.com/GECA_Document/Food_Bev_Ag_IRM_Update.pdf


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com