Wine Business Monthly has named Applegate Valley’s Troon Vineyard one of the “Top 10 Hot Brands” in America.
Other past Oregon winery recipients include Willamette Valley Vineyards, Domain Drouhin, Abacela Winery, A to Z Wineworks, Willakenzie Estate and Wine by Joe.
Cyril Penn, Editor of Wine Business Monthly, noted Troon Vineyard was included in the February edition’s list based on: Troon being a pioneer in an up-and-coming wine region; its focus on an unknown varietal for the American market (Vermentino); and being part of an editors’ tasting panel.
The National Retail Federation anticipates Valentine’s Day spending by American adults will grow to an average of $130.97 on things like candy, cards and gifts — up from $126.03 last year. The organization expects total spending of $18.6 billion.
Nearly one in five of those dollars will go to jewelry with more than $4.4 billion expected to be spent on diamonds, gold and silver.
No word, however, on how much the nation’s student population (younger than 18) will spend.
The Commerce Department reported personal income increased $352.4 billion, or 2.6 percent, and disposable personal income
increased $331.3 billion, or 2.7 percent, in December. The real question should be what percentage of wage earners participated in those gains.
The Bureau of Labor Statistics reported compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the fourth quarter of 2012. Wages and salaries, making up about 70 percent of compensation costs, increased 0.3 percent, and benefits, which make up the remaining 30 percent of compensation, increased 0.6 percent. If the reporting is about year-over-year gains, one wonders if it merely reflects the impact of minimum wage hikes.
Here is the Wall Street Journal’s report on the Justice Department filing suit to block Anheuser-Busch InBev NV’s $20.1 billion deal to buy Grupo Modelo SAB, saying U.S. consumers would suffer harm if the makers of Bud Light and Corona Extra merged. AB InBev made the deal for Grupo Modelo last summer, hoping to augment its position in the fast-growing Mexican market while expanding the reach of Modelo brands globally.
What’s all the bother about cheap, tasteless beer?