The Annual SVB Wine Industry Survey closes this Saturday. We are still about 30% short of the responses we need to to provide statistically significant results, so PLEASE participate in the next few days. SVB provides all the work for free, but we have to have good participation to have useful results.  Here is a link to the questions and here is a link to the survey. We've created a Sentiment Index and have run with the idea in our State of the Industry Report for the last 6 years, gaining some interesting insights along the way. The headline slide is an early read of how the industry participants feel presently, as well as an indicator of the relative impact of pain points and success factors.   The Net Sentiment Index as it stands today is -15.78 compared to -2.08 last year. The maximum low is negative 100 and the maximum high is positive 100. The calculation employs the Michigan Consumer Sentiment methodology and subtracts negative responses from positive

There is one week remaining to participate in the Annual State of the Industry. This annual effort is an industry partnership. SVB provides all the work for free, but we have to have good participation to have useful results.  Currently we are running about 30% behind last year's participation metrics, with all regions short of expectations. Here is a link to the questions and here is a link to the survey. Here are some early high-level indications of results in a variety of areas: Financially wineries describe the 2022 year as "good year." (Not bad and not great) They describe their financial position as strong. Better than average grape quality Lower than average harvest yields The impact of the economy is described as having the largest negative impact  The Winery Confidence Index produced through the survey is running negative overall. Wineries expect to show a small bottle price increase when 2022 is wrapped up. Tourism is generally welcome in 'wine c