Wine benefits the American economy in many ways–by preserving agriculture, providing jobs and wages, supporting local communities, attracting tourists, generating local pride, enhancing the quality of life–and so much more. Oh, and taxes. Of all kinds, at all levels. WineAmerica’s 2022 National Economic Impact Study of the Wine Industry by John Dunham & Associates puts … Read more
Wine benefits Americans throughout the country who have nothing at all to do with the production, distribution or sales of wine–and may not even drink it. In fact, 473,208 workers earning $29,329,602,600 in wages benefit from “Induced” impact, which totals $88,264,118,100. To put that in perspective, the wine industry’s total impact on the American economy in 2022 is $276 billion, with $111.5 billion … Read more
–If you didn’t have rootstock, how could you grow a grape? –If you didn’t have tanks, how would your ferment the juice? –If you didn’t have bottles, how would you package the wine? –If you didn’t have trucks, how would you get it to market? –And if you didn’t have computers, how would you keep … Read more
WineAmerica’s 2022 National Economic Impact Study vividly demonstrates the incredible value-added nature of wine and its huge contributions to the American economy: $276 billion in 2022. Of that, $111.5 billion (40%) is direct impact, while $76.3 billion (28%) is supplier impact and another $88.3 billion (32%) is induced impact benefiting the communities around the country … Read more
Q: What’s the largest wine state? OK, that’s an easy one: California, in all ways. Q2: What’s the second largest wine state? Washington…New York…Texas? Yes, and no, in different ways. WineAmerica’s 2022 National Economic Impact Study vividly demonstrates the incredible value-added nature of wine and its huge contributions to the American economy: $276 billion in 2022. The … Read more