What We're Reading --

The 2023 Outlook: Brutal for the wine industry but good for consumers

Dozens of surveys have shown that consumers are changing their spending habits — delaying travel plans, limiting dining out and trading down when it comes to purchases. And wine is not immune. A survey of 500 wine enthusiasts conducted by Bevinars indicated that nearly half were reducing their wine consumption to save money, while others were shifting to drinking cheaper alternatives. (Napa Va;;ey Register)

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