Empire state, supersized
An AP story out today and a triumphant one in the NYPost report on an economic analysis that claims the wine industry adds $6 billion to the New York state economy. Really?
According to the news reports of the state-sponsored study:
Winery sales: $412 million. OK. With 31,000 acres of vineyards, 212 wineries, and 1,384 grape farms that sounds reasonable.
“…but the state industry’s multiplier impact on the economy came to $3.4 billion in 2004.” Whoa! I gotta get me one of those multipliers!
“That was topped off with $2.6 billion in direct and indirect economic benefits from the wine-and-grape industry in other states and countries.” Whoa-ho!
Talk about value-added!
Technorati tags: food & drink | wine | New York
Nov
30
2005
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On January 12th, 2006 at 11:07 am ,ErieWine wrote:
Study includes grape juice (aka Welch’s, and co-packers) also Canandaigua(Constellation).