Foodservice Equipment Reports

MAFSI Barometer Up 4.5% In Third Quarter

The MAFSI Business Barometer maintained by the Manufacturers’ Agents Association for the Foodservice Industry rose 4.5% in the third quarter from the same quarter in 2012. The gain compares with a record 6.1% jump in the second quarter and a 2.4% increase in the first quarter, the weakest quarter since the Barometer recovered in late 2010. Sales increased 4.3% in the third quarter last year. The Barometer tracks rep’s sales trends.

Supplies and tabletop outperformed equipment sales in the quarter. Tabletop sales surged 5.2% and durable supplies sales rose 4.7%. In contrast, equipment sales were up 4.4% and furnishings sales rose 3.8%. It was the best quarter for furnishings since the second quarter of 2011.

Reps in the West reported the strongest sales gains, up 6.4% overall, with a 7% jump in equipment sales. The Northeast saw the slowest sales with an overall increase of 3.3% and a gain of only 2.5% for equipment. Overall sales in the South increased 4.3%, the Midwest saw a 4.1% gain and sales in Canada were up 5.4%

The trends on quotation and consultant activity also remained positive, with 42% of reps doing more quotations (vs. 20% doing less) and 43% seeing more consultant activity (vs. only 15% seeing less activity.)

The reps’ forecast for the fourth quarter is moderately positive, projected at 4.1%.

The association will release its new expanded report, which tracks sales trends for eight equipment categories, and its forecast for 2014, later in the month.

Related Articles

MAFSI Barometer Records 4.5% Gain In Third Quarter

Surprisingly, MAFSI Barometer Rose In Third Quarter

MAFSI Barometer Growth Slowed To 2.6% In Third Quarter

Related Events

19 May

FER Industry Excellence Awards Gala

Chicago , IL