U.S. Wineries May Lose as Much as $400 Million in March Alone Due to COVID-19

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U.S. Wineries May Lose as Much as $400 Million in March Alone Due to COVID-19
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A national survey of 10 percent of all wineries showed staggering losses that are predicted to grow.

How has the COVID-19 pandemic affected the American wine industry? As an ongoing crisis, the figures can be hard to calculate—though you should be, regardless. Still, the national wine association WineAmerica has tried to crunch the numbers, sending a survey to all wineries in the United States earlier this month.

Meanwhile, when asked specifically about lost sales, the average winery said they anticipated a 63 percent decrease in sales for March—a number they expected to jump to 75 percent for April.

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