Ticker: Kraft debuts cheese-free mac-and-cheese; US economic growth revised to brisk 5.2% 

Kraft Macaroni and… Fava Beans?

The Kraft Heinz Co. mentioned it’s bringing dairy-free macaroni and cheese to the U.S. for the primary time. The firm mentioned the brand new recipe has the identical creamy texture and taste of its beloved 85-year-old unique Mac & Cheese however replaces dairy with elements like fava bean protein and coconut oil powder.

The plant-based Kraft NotMac & Cheese, which can be rolled out to U.S. shops over the subsequent few months, was developed in collaboration with Not Co., a Chicago startup that makes plant-based milk, burgers and different merchandise.

Kraft Heinz, which is predicated in Pittsburgh and Chicago, shaped a three way partnership with Not Co. final yr. The three way partnership, referred to as The Kraft Heinz Not Co., has already launched non-dairy cheese slices and mayonnaise within the U.S. It plans so as to add extra merchandise and start worldwide distribution subsequent yr.

Kraft Heinz started promoting vegan macaroni and cheese in Australia in 2021, however this would be the first time it’s been offered within the U.S.

US financial progress revised to brisk 5.2%

Shrugging off greater rates of interest, America’s shoppers spent sufficient to assist drive the financial system to a brisk 5.2% annual tempo from July by way of September, the federal government reported Wednesday in an improve from its earlier estimate.

The authorities had beforehand estimated that the financial system grew at a 4.9% annual fee final quarter.

Wednesday’s second estimate of progress for the July-September quarter confirmed that the financial system sharply accelerated from its 2.1% fee from April by way of June. It confirmed that the U.S. gross home product — the overall output of products and providers — grew at its quickest quarterly fee in almost two years.

Source: www.bostonherald.com”