The Countdown is On // SVB Report Calls Wine Industry 'Resilient'

January 27, 2025

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Today’s Most Interesting Wine Industry Data

“The annual SVB State of the US Wine Industry Survey conducted in October 2024 received a response from over 600 participants. It’s noteworthy to see that winery owners rate their financial health as generally good. How is that possible given the difficult industry news? The situation is not binary, and averages don’t explain the situation or everyone…the press has been outspoken regarding outliers such as the VWE bankruptcy and a handful of other closures. Those events do not define the industry.”

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