SVB: Top Headwinds & Tailwinds Facing the Wine Industry in 2022

Dear Client:  Continuing our coverage of the annual Silicon Valley Bank State of the US Wine Industry Report, the report's author and the evp and founder of SVB's wine division Rob McMillan laid out what they see as the top headwinds and tailwinds facing the wine industry this year. Let's start with the positives. TAILWINDS. Rob points to a couple pandemic-related tailwinds for the wine industry. For one, a strong US economy and the amount of pent-up savings "will play a positive