Blooming sales predicted to pull wine industry out of slump

by Reed Fujii at The Record

Booming U.S. wine sales - a record 314 million cases worth $30 billion in 2007 - may soon lift California's grape and winemaking industry out of a years-long slump caused by overproduction of domestic wine, a flood of inexpensive imports and a slumping economy early this decade, an expert panel said.

Go to news: http://www.recordnet.com/apps/pbcs.dll/article?AID=/20080131/A_BIZ/801310311/-1/A_SPECIAL90

 

 

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