Jan 242014
Today my latest wine column published in WashingtonExec. I look at the predicted state of the wine industry in 2014 based on the annual report put out by Silicon Valley bank.
This report has been published since 2010 and is full of interesting primary data. One of the more sobering predictions is something I covered about a year ago. Millennials are not replacing aging Boomers fast enough to maintain fine wine sales.
Like budget deficits, this problem won’t be felt for a few more years. For now harvests are at record levels and pricing should remain stable.
Here’s an infographic representing the major findings of the report:
courtesy of Silicon Valley bank
So drink up, and buy some nice wine for a 20-something in your family!