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Inside NYC’s Wine Retail Apocalypse: How Tariffs, Pot and Ozempic are Decimating Wine Retailers // Alberta resumes buying U.S. alcohol, months after pause meant to fight tariffs
June 10, 2025 - Wine Industry Insight Daily News Feed
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Today’s Most Interesting Wine Industry Data
“The wine industry generates close to $323.55 billion in total economic activity, dramatically illustrating that wine is the ultimate value-added beverage. The broader economic impact flows throughout the nation, generating business for firms seemingly unrelated to the wine industry. Ultimately, 1.75 million jobs are created and supported by the wine industry.”
Source: U.S. Economic Impact Study 2025
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