Government Shutdown Impact on CPG Brands
The government shutdown is affecting CPG brands that rely on SNAP and WIC benefits, with over 40 million Americans depending on these programs.
Farmers, food manufacturers, and grocers are preparing for significant sales disruptions as the federal shutdown restricts funding for food assistance programs.
The federal government shutdown, which began on Oct. 1, may continue into November, preventing state agencies from disbursing funds for SNAP and WIC.
- SNAP benefits support over 40 million Americans
- WIC benefits provide essential nutrition for women, infants, and children
Autor's summary: Shutdown affects CPG brands tied to SNAP and WIC benefits.