{"id":3763,"date":"2013-11-11T23:53:34","date_gmt":"2013-11-12T04:53:34","guid":{"rendered":"http:\/\/gabrielsnyder.com\/notes\/?p=3763"},"modified":"2013-11-11T23:53:34","modified_gmt":"2013-11-12T04:53:34","slug":"food-stamp-cuts-likely-to-nick-cpgs","status":"publish","type":"post","link":"http:\/\/gabrielsnyder.com\/notes\/2013\/11\/11\/food-stamp-cuts-likely-to-nick-cpgs\/","title":{"rendered":"Food-Stamp Cuts Likely to Nick CPGs"},"content":{"rendered":"

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Uncle Sam has a lump of coal for retailers and packaged-goods marketers just in time for the holidays: a $5 billion cut in food-stamp benefits.<\/p>\n

That may seem tiny in the context of a $3.5 trillion federal budget, but that $5 billion amounts to a 5% reduction in benefits for a family of four, or $36 a month. Sanford C. Bernstein analysts projected cutbacks could slash the revenues of U.S. food and beverage companies around 1%.<\/p>\n

And even if recipients reduce spending on things other than food, growth for packaged-goods marketers and retailers could take a hit. Kantar Retail estimates the cuts could carve 0.5 percentage points off the anticipated 2.5% annual growth rate for consumables retailing in the U.S.<\/p>\n

Continue reading at AdAge.com<\/a><\/p>\n

via Advertising Age – Homepage http:\/\/adage.com\/article\/news\/food-stamp-cuts-nick-cpgs\/245204\/?utm_source=News&utm_medium=feed&utm_campaign=Feed:+AdvertisingAge\/News<\/p>\n","protected":false},"excerpt":{"rendered":"

Uncle Sam has a lump of coal for retailers and packaged-goods marketers just in time for the holidays: a $5 billion cut in food-stamp benefits. That may seem tiny in the context of a $3.5 trillion federal budget, but that $5 billion amounts to a 5% reduction in benefits for a family of four, or … <\/p>\n

Continue reading “Food-Stamp Cuts Likely to Nick CPGs”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[1031,6,1032,1033],"class_list":["post-3763","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-feedly","tag-ifttt","tag-recently-read","tag-saved-for-later"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2skW4-YH","jetpack_likes_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/posts\/3763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/comments?post=3763"}],"version-history":[{"count":0,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/posts\/3763\/revisions"}],"wp:attachment":[{"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/media?parent=3763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/categories?post=3763"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/gabrielsnyder.com\/notes\/wp-json\/wp\/v2\/tags?post=3763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}