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North Carolina wine industry generates $1.28 billion in economic impact
Story Date: 9/22/2011
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Source: PRESS RELEASE, 9/21/11
Gov. Bev Perdue announced today that the North Carolina wine and grape industry generated an impact of $1.28 billion on the state’s economy in 2009, an increase of 58 percent since 2005. The industry supported 7,600 jobs across the state, adding 1,900 jobs since 2005.
“Our wine industry creates jobs and attracts visitors to our state,” said Gov. Perdue. “This growing industry is a significant economic engine for North Carolina, helping to preserve farmland and bring revenue to our rural communities.”
Key highlights include:
2009 2005 Growth
Economic Impact $1.28 billion $813 million 58%
Jobs 7,600 5,700 32%
Wages $237 million $158 million 50%
Wine Tourism Expenditures $156 million $122 million 27%
Wine Tourists 1.26 million 800,000 58%
Taxes (Federal) $65 million $56 million 15%
Taxes (State/Local) $51 million $38 million 33%
North Carolina is currently home to 106 wineries in 49 counties from the mountains to the coast. The number of wineries in the state has doubled since 2005 and grown five-fold in the last decade. North Carolina ranks ninth in wine and grape production in the United States. The industry has been celebrating all month as Gov. Perdue recently proclaimed September 2011 as Wine Appreciation Month in North Carolina.
The economic impact study was conducted by Frank, Rimerman + Co. and based on 2009 data. The report was commissioned by the North Carolina Department of Commerce and Division of Tourism, Film & Sports Development. View the full economic impact report at http://tinyurl.com/NCwinestudy.
Find North Carolina wineries, maps, events and more at VisitNCWine.com or call 1-877-3NC-WINE.
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