Arkansas: Grape, wine study estimates $173 million economic impact on state
Arkansas: Grape, wine study estimates $173 million economic impact on state
Sep 27, 2012 6
(ArkansasTechNews) - A study commissioned by Arkansas Tech University-Ozark Campus shows the Arkansas grape and wine industry “greatly” contributes to the economic strength of the state, generating millions of dollars in jobs, tourism and tax revenue.
Conducted by Frank, Rimerman & Co. of St. Helena, Calif., the leading research source on the U.S. wine industry, and funded by an Arkansas Agriculture Department specialty crop block grant, the study estimates the full economic impact of the Arkansas grape, wine and related industries on the state to be more than $173 million.
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