New York

hrmjustin

(71,265 posts) Sat Feb 22, 2014, 01:14 PM Feb 2014

NY grape, wine industry worth $4.8B, report says

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| Gannett

A new report based on 2012 data shows that New York’s grape and wine industry contributes $4.8 billion to the state’s economy, an increase of 27 percent over a similar survey four years earlier.

The impact is broad, according to the trade and marketing association affiliated with the industry.

“Wine is the ultimate value-added product with huge economic multiplier effects for many affiliated industries like farm equipment, tank and barrel manufacturers, packaging, transportation, tourism, and much more,” said Jim Trezise, president of the New York Wine & Grape Foundation, in a newsletter announcing the findings. “The state of New York, especially in recent years, has been a great partner with our industry, and clearly their investment is paying off in spades.”

Trezise said that because of the industry’s burgeoning growth in 2013, the report’s figures should be considered conservative. The report was prepared by Stonebridge Research Group of Napa Valley for the foundation.

http://www.pressconnects.com/article/20140221/BUSINESS/302210026/NY-grape-wine-industry-worth-4-8B-report-says

3 replies

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NY grape, wine industry worth $4.8B, report says (Original Post) hrmjustin Feb 2014 OP

Napa County, California: $13.3 billion Auggie Feb 2014 #1

I wonder what the drought is doing to the wine industry in CA. hrmjustin Feb 2014 #2

Some growers will have tough times, others not so much Auggie Feb 2014 #3

Auggie

(31,173 posts)

1. Napa County, California: $13.3 billion

Reply to hrmjustin (Original post)

Sat Feb 22, 2014, 01:30 PM

Feb 2014

http://napavintners.com/press/press_release_detail.asp?ID_News=3621116

hrmjustin

(71,265 posts)

2. I wonder what the drought is doing to the wine industry in CA.

Reply to Auggie (Reply #1)

Sat Feb 22, 2014, 01:49 PM

Feb 2014

Auggie

(31,173 posts)

3. Some growers will have tough times, others not so much

Reply to hrmjustin (Reply #2)

Sat Feb 22, 2014, 02:45 PM

Feb 2014

Depends on their location and own storage situations. We're getting more rain in the north (Napa, Sonoma, Mendocino counties) than the Central Valley, so vines have a decent head start for bud break and shoot growth. From there out everything is watered via drip irrigation.

Growers with their own reservoirs that collect rain and runoff are in good shape; those who can legally tap into local rivers and replenish their own reservoirs should be okay with another big storm (forecast WO 2-24).

I don't know the scenario for Livermore Valley, Monterey County, Central Coast, Central Valley and Temecula. But I can guess it's pretty tenuous.

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