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12.11.2013  
 

Economic impact of wine in Colorado

Denver, Colo.—The economic impact of Colorado’s wine industry has been pegged at more than $144 million, according to a report commissioned by the Colorado Wine Industry Development Board. Conducted by Colorado State University’s Department of Agricultural and Resource Economics, the report also found that more than 5% of the money spent by state residents on wine is for local products. The report also states that Colorado wine sales surpassed $28 million in fiscal year 2013 and that the industry has seen a 27% growth in volume and 65% growth in value over the past five years. Details: coloradowine.com.
 

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Wine Industry Metrics
 
Off-Premise Sales » Month   12 Months  
June 2014 $562 million
5%
$7,549 million
6%
June 2013 $535 million $7,094 million
     
Direct-to-Consumer Shipments » Month   12 Months  
June 2014 $87 million
17%
$1,669 million
11%
June 2013 $74 million $1,510 million
     
Winery Job Index » Month   12 Months  
June 2014 300
34%
220
21%
June 2013 224 182
     
 
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