US: Domestic Wine Sales Up 9%
US: Domestic Wine Sales Up 9%
Jul 29, 2011 6
an Rafael, Calif.—Domestic wine sales in July grew nearly as fast as the economy of China, reaching $440 million, according to check stand scan data from major U.S. food and drug stores. The four-week growth rate for wine was 9.1% higher than the same period last year, nearly matching China’s 9.5% growth in GDP for the second quarter. Every four-week period during the 17 months since Wines & Vines began analyzing sales data from the Symphony IRI Group, a Chicago-based market research firm, has shown positive growth in domestic wine sales.
Comments