The 2005 Unsaleable Benchmark Report sponsored by the Joint Industry Unsaleable Committee that includes members of the Grocery Manufacturers Association (GMA, Washington D.C.) and the Food Marketing Institute (FMI, Washington D.C.) revealed the cost of unsaleables—damaged, expired, outofdate and seasonal merchandise—for consumer packaged goods manufacturers was reduced by $50 million between 2003 and 2004. Efforts are being made to reduce the remaining $2.5 billion cost of unsaleables cost.