Aug. 19/New York/PRNewswire -- Senior executives in the food and beverage industry are optimistic they will see improved revenue, profitability and a better jobs picture in 2010, according to a recent survey conducted by KPMG LLP, the audit, tax and advisory firm.
In the KPMG survey, which focused on the food and beverage industry specifically, 72% of the executives said they expect business conditions to improve in 2010, with 72% also expecting stronger revenue and 65% expecting improved profitability. However, 48% of the food and beverage executives believe the U.S. economy as a whole could take as long as 2011 or later to substantially recover.