1 / 18

Economic Impact of Washington Grapes and Wine, 2006

Economic Impact of Washington Grapes and Wine, 2006. Washington Association of Wine Grape Growers February 7, 2008 Rob Morris, Senior Manager. What is Economic Impact?. Basically ….Jobs . What is Economic Impact?. Jobs with: Wine, grape and grape juice products production

beate
Télécharger la présentation

Economic Impact of Washington Grapes and Wine, 2006

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Economic Impact of Washington Grapes and Wine, 2006 Washington Association of Wine Grape Growers February 7, 2008 Rob Morris, Senior Manager

  2. What is Economic Impact? Basically ….Jobs

  3. What is Economic Impact? Jobs with: • Wine, grape and grape juice products production • Suppliers of goods and services to the industry • Selling and reselling Washington wine such as restaurants, distributors and retailers • Wine region tourism Plus all the jobs created when these workers spend their salaries and wages

  4. What is Economic Impact? Then we measure the revenues, wages and taxes generated by these jobs

  5. The IMPLAN model is a complex input-output model of the US economy, developed in the 1980s by the US Forest Service and the University of Minnesota and updated annually IMPLAN is the standard model for estimating US economic impacts IMPLAN is used by more than 1500 organizations, including the US Federal Reserve, USDA, most states and localities and many corporations and universities

  6. What is Different in 2006 Study? • Inclusion of Juice Grapes • Measuring Effect of Washington Wine and Grape Industries Instead of the Effect of Wine and Grapes in Washington • Only Including Distribution Channel Profits • Economic Impacts Beyond Washington: • Suppliers • Wine Sales • Taxes

  7. A Small Community of Primarily Family Businesses 534 wineries and 325 vineyards Creates, directly and indirectly:

  8. In Washington • Jobs for nearly 19,000 people • More than $340 million in taxes • $3.0 billion in Economic Impact for the State of Washington

  9. Nationally • Jobs for 29,000 people • More than $471 million in taxes • $4.72 billion in Total Economic Impact

  10. Change Since 1999 Report 1999 2006 Total Economic Impact $2.4 billion $4.7 billion Estimated Juice Grape Portion - $700 million Wineries 160+ 534 Winery Revenue $289 million $438 million Grape Growers 250+ 325 Farm Gate Value of Grapes $127 million $144 million Jobs 11,250 29,375 Wages $350 million $850 million State/Local/Federal Taxes $72 million $471 million Visitors 350 thousand 1.7 million

  11. Grape Production • 325 farm entities • 57,000 acres • 316,000 tons of production • Market value of $144 million

  12. Employment • Wineries, vineyards and juice processors 4,185 • Tourism 2,516 • Restaurants, retail & dist. 10,099 • Other direct 508 • Indirect and induced 12,067 • TOTAL 29,375

  13. Wages • Wineries, vineyards and juice processors $89.9M • Tourism $68.3M • Restaurants, retail & dist. $172.2M • Other direct $28.1M • Indirect and induced $491.6M • TOTAL $850.1M

  14. Revenues • Winery sales $437.6M • Gate value of grapes $144.2M • Juice sales $463.4M • Retail, restaurant & distribution $425.4M • Tourism $237.6M • Other direct $145.5M • Tax revenues $471.4M • Indirect and induced $1,544.8M • TOTAL $3,869.9M

  15. Washington remains The 2nd largest wine grape and wine producer in the US and the largest producer of juice grapes With a growing network of suppliers, service providers and customers benefiting from the industry

  16. Economic Impact – Grapes & Wine In stateNationally • NATIONAL N/A $162,000M • California $51,800M $125,000M • Washington $3,000M $4,720M • New York $3,400M N/A • North Carolina $813M N/A • Michigan $789M N/A • Pennsylvania $661M N/A

  17. Thank you. Rob Morris Senior Manager Frank, Rimerman & Co. & MKF Research LLC 707-967-5338 rmorris@mkffrankrimerman.com www.mkfresearch.com

More Related