It is no secret that the Napa Wine Industry is the heartbeat of the Napa Valley economy. Fine wine and grapes enable Napa to provide employment and services to its citizens while continually drawing visitors and investors to the wine country. High rates of tourism, jobs and tax revenue are just a few of the positive impacts on the community.
A new report from the Napa Valley Vintners (NVV) titled The Economic Impact of Napa County’s Wine and Grapes by Barbara Insel reports that the region’s wine industry has an economic impact on the Napa Valley to the tune of $13.3 billion.
Other key findings in Insel’s report include:
- The wine industry, directly and indirectly provides 46,000 full-time equivalent jobs in Napa County
- Wine-related tourism generates more than $1 billion annually
- The wine industry generates nearly $1.3 billion annually in local, state and federal taxes
- The high value of the product speaks clearly to Napa’s reputation for quality wine
- Napa’s vintners generate $84 million annually in charitable contributions
Insel’s report noted that along with the renown of the appellation and the cluster of industry expertise in Napa Valley, the region attracted even more vintners, winegrowers, and service providers, making Napa a hub of the California wine industry.