COMING UP: Don't miss Xfinity Monday Live, with a special preview of the Rocky Mountain Showdown between the CU Buffaloes and the CSU Rams. Watch it on CBS4 at 6:30 p.m. or head to ViewHouse Centennial to see it live!

Wine Has A Connection With Health Of Economy

DENVER (CBS4) – What does the nation’s taste in wine say about the state of the economy? A lot more than most might think. There’s a connection between what’s bought in local wine shops and the national economy.

If that theory is true, what Americans are sipping these days suggests the economy is getting stronger.

“It’s pretty recession proof because people drink when they’re down and they drink when they’re celebrating good times,” Brian Daily with Lowry Liquors said.

But what they drink changes, according to the public’s perceived state of the economy.

“As the economy has turned around, a little more confident about job security, so I’m graduating up if you will in my wine buying; more flavor from my wine every time,” a wine customer said.

And he’s not drinking alone.

“My taste hasn’t changed but the budget has,” another customer said. “I feel less inhibition buying the wines that I used to buy that are a little more pricey.”
space Wine Has A Connection With Health Of Economy

Apparently as people whined about the economy they were still drinking. But now they’re toasting what is perceived as the higher peaks of the economy with better wines.

Wine store owners say wines from Spain, Argentina and Chile became more popular during the recession because they’re tasty and inexpensive.

Comments

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Denver

JonBenét Ramsey Docuseries
DAY OF SERVICE

Listen Live

AM/FM Stations

Featured Shows & Multimedia