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September 2024
Ongoing sales value growth in the U.S. on-premise wine market belies persistent volume declines that reflect inconsistent consumer demand and significant cost challenges in the restaurant sector. Winery direct-to-consumer (DtC) shipments declined by both value and volume in August, while the winery jobs market continues to cool and off-premise sales remain sluggish..
August 2024
The wine industry labor market has slowed dramatically in the past year as wineries strive to maintain and increase sales in a market that appears less likely to see significant growth through this year and next. This month’s report features new data examining the labor market including an index tied to job applications and salary data from positions posted to Winejobs.
July 2024
Winery direct-to-consumer shipments came to $150 million in June and that is 15% less than a year ago as the channel may finish the year at less than $4 billion in total value. As the 2024 harvest rapidly approaches, there is an abundance of both grapes and vineyards on the market with little interest from potential buyers.
June 2024
U.S. consumer spending on premium wine appears resilient, while white wine has recaptured the majority of off-premise sales volume in step with a shift in demand. Direct-to-consumer shipment value declined in May, and a new Winjeobs index to track applications should provide a more complete view on the wine industry labor market.
