Sponsored by Oregon Business

Oregon liquor sales outpace rest of economy

| Print |  Email
Must Reads
Friday, August 03, 2012

Despite the current economy, Oregon liquor profits are up 9%.

"We have been steadily going up," said OLCC spokeswoman Christie Scott. During the height of the recession, buyers went for the cheaper products, she said. "What we're seeing is, people are starting to buy more expensive products again."

The agency released figures that showed total revenue of $487.4 million from July 2011 through June 2012, the state fiscal year. After expenses, the agency had $194 million to distribute to state, county and city programs, an increase of $16 million over the previous year.

Read more at OregonLive.com.

{biztweet}oregon liquor{/biztweet}

 

Comments   

 
Guest
+1 #1 Oregon Liquor Profits UpGuest 2012-08-03 18:14:42
Does anyone at OLCC do the Math, especially as it applies to Where the profits are coming from? My guess is that the only reason for the uptick would be Washington buyers buying their Liquor in Oregon. Case-in-point, with the 26% tax on liquor at a Washington Private Liquor Store, a Big Bottle of Markers Mark, which costs about $55.00 in Oregon and which used to cost $62.00 in Washington, was recently priced at $98.00 in a liquor store in Sammamish, WA. Now you know why Oregon profits are up....
Quote | Report to administrator
 

More Articles

4 highlights of the MLS labor deal

The Latest
Wednesday, March 04, 2015
timbersthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

On Wednesday night, a couple days ahead of the 2015 season kickoff, Major League Soccer and the Players Union reached an agreement.


Read more...

Where do Portland demographics rank among the largest 50 cities in the US?

The Latest
Tuesday, February 10, 2015
thumbpdxinperspectiveBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The Portland in Perspective study, done by the City Budget Office, was released Tuesday.


Read more...

Beam Me Up

April 2015
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan

An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.


Read more...

4 winners and losers in the Kitzhaber scandal

The Latest
Thursday, February 12, 2015
021315-govorno-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Examining the governor's rapid fall from grace in a "bizarre" and "unprecedented" saga.


Read more...

Downtime with the executive director of Greater Portland Inc.

April 2015
Thursday, March 26, 2015

Janet LaBar, Executive director, Greater Portland Inc.


Read more...

Downtime with the president of NAI Norris, Beggs & Simpson

March 2015
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR

Live, Work, Play: Catching up with Chris Johnson.


Read more...

5 schools helping students crack code

The Latest
Thursday, January 29, 2015
codeduthumbnailBY JACOB PALMER | OB DIGITAL NEWS EDITOR

As the costs of college mount, and as employer demand for software developers soars, coding schools and classes are popping up everywhere.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS