LAT's Gold jumps to Washington Post
Annual issue is out this week
Not the most reliable economic indicator, I grant you, but for what its worth: The segment priced between $15-$19.99 per bottle has grown by 16.2 percent over the last 12 months, while everything below $8 has grown by just 3.5 percent. (Numbers are from Shanken News Daily h/t OC Register) Actually, overall wine sales have been up since 2010.
More by Mark Lacter:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent Economy stories on LA Observed:
Monday morning headlinesL.A. budget: Layoffs, pension cuts, and lots of good stuff. But how do they do it?*
Keep those tax checks coming in... please!
L.A., California job gains; unemployment rate is flat
Friday morning headlines
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