F.Y.I. —

U.S. Economic Expansion is Unevenly Spread, Study Says

The U.S. economic expansion is lifting a handful of vibrant communities to new heights but also leaving broad tracts of the country stagnant or sinking, according to a new report.

The study, by the Economic Innovation Group, finds that a small number of high-growth cities and towns are fueling U.S. growth and masking economic struggles in decaying industrial towns, swaths of the rural South and other areas of the country.

“The prime years of the national economic recovery bypassed many of America’s most vulnerable places altogether,“ the report said. ”Far from achieving even anemic growth from 2011 to 2015, distressed communities instead experienced what amounts to a deep ongoing recession.”  Read more here, from The Wall Street Journal.

According to EIG’s calculations, about 85 million Americans, or 27% of the population, live within the most prosperous communities, typically suburban, in the Western half of the country and often tech hubs. The top one-fifth of ZIP Codes accounted for more than half of the country’s job growth from 2010 to 2015.

Comment:  If this report is correct, it almost guarantees President Trump will continue to have solid support away from the coasts.   It also suggests – to us – that in picking a new headquarters, Amazon.com should make a point to seek one of these communities.


Exploding Ovens: Why Glass Doors Shatter and What to Do It If Happens to You

There are many reasons glass can explode, and it can affect any oven brand.  Read more here, from Which.

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Bacardi Assessing Storm Damage, Tells Staff Stay Home, Aid Family

Bacardi officials say its Puerto Rican rum distillery has suffered some damage from Hurricane Maria, but how much isn’t exactly clear.  As we went to press, officials were assessing the full impact.

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Gallo Donates $100,000 to Hurricane Irma Relief

Last month, E. & J. Gallo Winery donated $100,000 to the American Red Cross to assist the relief efforts in Texas related to Hurricane Harvey.

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Savannah Spirits Group to Open New Distillery in March

Savannah Spirits Group said it will open a new distillery in the heart of Savannah’s National Historic District in March 2018. The 12,000-square-foot building, built in the late 1800’s, will also Continue reading

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Tennessee to Celebrate Southern Spirits, Gourmet Grub

The second annual “Grains and Grits” event, a festival of Southern spirits and gourmet grub, will bring together whiskey lovers from around the state for the East Tennessee celebration of the new Tennessee Whiskey Trail, a 26-stop distillery tour across the state of Continue reading

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Who & What –

Hugh Reimers, president of Jackson Family Wines until a management reorganization earlier this year, was named chief administrative officer of Foley Family Wines this month and has been placed on a track to become president of the company, which owns 27 labels and farms 3,000 acres of vineyards.

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