Home Must Reads Oregon liquor sales outpace rest of economy

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

Wheel man

March 2014
Tuesday, February 25, 2014
BY LINDA BAKER

Les Schwab has put a premium on customer service since 1952, when legendary namesake Les Schwab founded the company with one store in Prineville. (Schwab died in 2007.) But if the corporate principles remain essentially the same, the world around this iconic Oregon business has changed dramatically.


Read more...

Branching out

March 2014
Tuesday, February 25, 2014
DSC04185BY LINDA BAKER

A blueberry bush is a blueberry bush — except when it’s a blueberry tree.


Read more...

Video: Kickstarting Oregon business

News
Thursday, March 27, 2014
02.04.14 Thumbnail VideoBY JESSICA RIDGWAY | OB WEB EDITOR

Watch this OB Original Video about three Oregon companies and how crowd-funding "kickstarted" their business ideas.


Read more...

Q & A with Chuck Eggert

News
Thursday, March 06, 2014
03.06.14 thumb pacfoodsBY HANNAH WALLACE | OB BLOGGER

The founder of Pacific Foods talks about why his company has flown under the radar in Oregon, how saving a family-run chicken hatchery has helped his bottom line and why he thinks organic food is anything but elitist.


Read more...

Fuel's gold

March 2014
Tuesday, February 25, 2014
BY SOPHIA BENNETT

The coastal town of Coos Bay appears poised to land every economic development director’s dream: a single employer that will bring hundreds of family-wage jobs and millions in tax revenue. 


Read more...

Tech makes the world go round

Contributed Blogs
Thursday, March 20, 2014
03.20.14 thumb internetBY JASON NORRIS | GUEST BLOGGER

I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.


Read more...

Why I became an educator

News
Tuesday, March 04, 2014
03.04.14 thumbnail teachBY DEBRA RINGOLD | GUEST CONTRIBUTOR

How can we strengthen the performance of institutions charged with teaching what Francis Fukuyama calls the social virtues (reciprocity, moral obligation, duty toward community, and trust) necessary for successful markets and democracy itself?


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