U.S. 2010 wine sales improve: U.S. wine sales rebound – latimes.com

A bottle of Stag's Leap Cask 23 Californian Ca...

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After two years of sluggish wine sales, consumers are starting to reach for — and spend more on — their favorite vintages. And the California wine industry, having survived several vineyard fire sales and a glut of excess inventory, is seeing signs of a post-recession rebound. Domestic wine retail sales grew 7% in 2010 over the previous year, according to the Wine Institute in San Francisco.  California wine producers, who make 90% of wine bottled domestically, saw retail sales grow 1% from the previous year, to $18.5 billion. And U.S. wine exports also jumped to a record $1.14 billion in 2010, up nearly 26% from 2009.

For the first time, the U.S. in 2010 consumed more wine than France. While the French still drink far more wine per capita than Americans, the U.S. — with its much larger population — has more people pouring a glass of Cabernet Sauvignon or Chardonnay.

via U.S. 2010 wine sales improve: U.S. wine sales rebound – latimes.com.

Strange Random Wine Quote:

Did you ever hear of Captain Wattle?
He was all for love, and a little for the bottle.

Charles Dibdin (1745 – 1814 – Captain Wattle and Miss Roe)

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Posted on June 1, 2011, in Article and tagged , , , , , , , , . Bookmark the permalink. 1 Comment.

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