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Wine's Economic Indicators Rose Before Stocks Crashed

September 2011
 
by Wines & Vines staff
 
 
direct to consumer wine sales
 
Symphony IRI reported that domestic wine sales at major food and drug stores grew 9% in July over the same period last year.
direct to consumer wine sales
 
Cabernet Sauvignon continued to dominate varietal market share for domestic wines shipped direct to consumer (top) while all major varietals grew in sales value (below).

July data—gathered just before the stock market plunged during the second week of August—showed a strong wine economy in terms of sales and winery hiring activity. Retail domestic wine sales for the most recent four weeks grew at a rapid 9% pace over the same period last year, while direct-to-consumer shipments and the winejobs.com Index also grew over last year.

direct to consumer wine sales
 
Shipments of DtC wines in July, slow due to warm seasonal weather, still beat July 2010 shipments by 6% in value.
direct to consumer wine sales
 
The Winejobs.com Index of hiring activity in the wine sector stayed 5% ahead of last year's pace for July.
 
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Wine Industry Metrics
 
Off-Premise Sales » Month   12 Months  
May 2015 $607 million
7%
$8,068 million
5%
May 2014 $569 million $7,651 million
     
Direct-to-Consumer Shipments » Month   12 Months  
May 2015 $141 million
4%
$1,896 million
14%
May 2014 $135 million $1,657 million
     
Winery Job Index » Month   12 Months  
May 2015 355
15%
256
20%
May 2014 308 213
     
 
MORE » Released on 06.15.2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

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