S&P Equity Research Issues Consumer Staples Sector Predictions for 2011
U.S. Newswire › January 13, 2011
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Summary
NEW YORK, Jan. 13, 2011 /PRNewswire/ -- The consumer staples analysts at S&P Equity Research see a mixed picture for the sector in 2011, but believe the sector has defensive appeal when compared to other more economically sensitive sectors. "Although we view the U.S. and Western Europe as relatively mature markets, we think that developing international markets such as China, India, and Brazil should offer some good long-term growth opportunities," said Tom Graves, Consumer Staples Group Head at S&P Equity Research.
Looking to 2011, the consumer staples equity analysts at S&P expect the following to happen.See the full content of this document
Extract
S&P Equity Research Issues Consumer Staples Sector Predictions for 2011
1. We anticipate a modest increase in overall U.S. consumer spending on food, with prices moving up more in the second half than they do in the first six months. We think that somewhat improved economic conditions could support a modest shift toward consumers eating more of their meals outside the home.
2. We expect a further shift toward consumers buying food at non- traditional retailers, including mass merchandisers and convenience stores.3. We see cross curren...See the full content of this document
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