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We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Econ Focus

Winter 2003

Carolina Vinifera

North Carolina, home of the first cultivated grape in the United States, is joining Virginia in cultivating a regional niche in winemaking.
By Charles Gerena

Growth of Fifth District Wineries

In response to strong demand for wine, the number of wineries in the region has expanded from just six in 1975 to 130 in 2002. Still, California has 10 times more wineries than the entire region combined.

Chart

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David A. Price (804) 697-8018

Econ Focus

Winter 2003

Carolina Vinifera

Growth of Fifth District Wineries

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