Report: CPG Industry Outperforms Market

The consumer packaged goods industry performed significantly better than the rest of the market in 2008, according to a report by the Grocery Manufacturers Association and PricewaterhouseCoopers.

WASHINGTON — The consumer packaged goods industry performed significantly better than the rest of the market in 2008, according to a report by the Grocery Manufacturers Association and PricewaterhouseCoopers.

The study also found that CPG manufacturer median sales grew approximately 10% last year, down just slightly from 2007.

The “2009 Financial Performance Report: Focusing on Today, Envisioning Tomorrow” is based on research, interviews and financial data on 157 compa

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