Daily News Reports »
Wine Economic Impact
by Greg Martin, click here for bio
Program: Fruit Grower Report
Date: April 25, 2012
Click on the play button to listen to report.
Download Report: FGR042512st.mp3
Wine Economic Impact. I’m Greg Martin with today’s Fruit Grower Report.
Most people know that the wine industry is a big player in the state of Washington. Yesterday, Steve Warner, Executive Director of the Washington Wine Commission announced the results of a brand new economic study.
WARNER: Within the State of Washington the report shows that $8.6-billion was the full economic impact and that’s up significantly from $3-billion in the earlier report.
That earlier study was done in 2007. Warner talks about what this dollar figure means to the state.
WARNER: Really what’s driving a lot of that is in-state employment. We’re close to closing in on 30-thousand jobs in the wine industry or related to the wine industry which is generating roughly $1.2-billion in wages annually. So a significant impact to the economy there. But what I think the state legislatures will probably stand up and take notice are the fact that this economic activity has generated for the state almost $250-million dollars in tax revenue.
Another big figure was the in-state tourism impact.
WARNER: About 2.4-million visits annually are related to the wine industry and that actually resulted in an incremental 1.1-billion estimated spending annually as a result of this increase in tourism.
The report also features a county-by-county break down. Find the complete study at washingtonwine.org.
That’s today’s Fruit Grower Report. I’m Greg Martin on the Ag Information Network.
Recent Reports from Fruit Grower Report
Click here to see Archived Reports