The New Mantra: Drinking More But Spending Less?
Posted: Dec 12, 2008 1:52pm ET
The glass-half-full crowd thinks this will be a banner year for wine sales, and they’re right. Wines priced in the $7 to $15 range are selling. If they’re good wines, they’re moving fast. I expect that we'll see a continuation of the trend of increased wine consumption among Americans in recent years, and they'll be drinking more domestic wines.
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