Business > CASE STUDY > Econ_week_2_.docx ECO 535 Economic Concentration Evaluation Central California winemaki (All)

Econ_week_2_.docx ECO 535 Economic Concentration Evaluation Central California winemaki

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Econ_week_2_.docx ECO 535 Economic Concentration Evaluation Central California winemaking industry University of Phoenix ECO/535 The Central California winemaking industry is one of the largest ... wine-producing regions of the United States. California produces approximately 81% percent of all wine produced in the USA and is the 4th largest wine producer in the world. California wine business is appx. $114B, with $43.6B in retail and $1.36B in export. 95% of all wine that is exported from the United States is from California. In addition, almost 800K jobs are created from California wine production. The business of growing grapes and making wine in California contributed $57.6 billion to the state economy California wineries, grape growers, and businesses serving the industry annually contribute $57.6 billion to the states economy and $114.1 billion to the U.S. economy. The wine business in the main two key regions of the state, Napa and Sonoma counties, bolstered those economies by a combined $26.7 billion, according to 2012 and 2014 reports. The chart above shows the revenue of wines by price category, in both shares and implied revenue. Thought this report is a bit outdated, the trends have not changed significantly over the past 14 years. The chart above shows the Top ten vineyards and their percentage of products shipped. This solidifies the fact that the majority of wine in the United States comes from both California wineries and a few select vineyards. The economic concentrati. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . . [Show More]

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