Wednesday, January 17, 2007

MKF RESEARCH PRESENTED ON CAPITOL HILL

The United States wine, grape and grape products industries contribute more than $162 billion annually to the American economy, according to a study by MKF Research that was unveiled today on Capitol Hill by the Congressional Wine Caucus. (The Caucus is a 182-member, bipartisan coalition of U.S. representatives and senators with an interest in the grape and wine industry).

Among the key findings:

Employment: 1.1 million full-time equivalent jobs
Agriculture: 23,856 grape growers, 934,750 grape bearing acres, $3.5 billion in farm gate grape sales
Wine Industry Direct Impact: 4,929 wineries in 2005, up from 2,904 in 2000, a 70% increase in five years; wineries now in all 50 states; $11.4 billion in winery sales revenues
Wine Industry Value Added: $2.7 billion in distributor share of American wine revenue; $9.8 billion in retail and restaurant share of American wine revenue; 27.3 million wine-related tourist visits; $3 billion estimated wine-related tourism expenditures.

Says Congressman George Radanovich of Mariposa, CA, who co-chairs the Congressional Wine Caucus:

"By maintaining the vineyards that line my district in California and those throughout the nation, we help preserve our agricultural lands. Further, vineyards and wineries revitalize and support local economies in rural communities, and contribute over $129 million to charitable causes.”

“As an added benefit, it is important to mention that grapes, grape juice and wine have been shown to be heart healthy."