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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 02, 2010
Page
7
Industry figures report continued gains for Iowa wineries and microbreweries amid holiday travels and home tourism. Prices and competition from cheaper wines abroad temper the rise as producers note a roughly five percent uptick mid-year and optimism for the busy season ahead.
Kelly VanderWerff notes higher alcohol revenues in Iowa amid economic hardship. The article cites best selling brands and predicts March changes could help breweries produce higher alcohol beers, linking stress to increased consumption.
Vander Werff notes alcohol revenue growth despite youth trends. Iowa Alcoholic Beverages Division will transfer about $99.2 million to the state treasury from regulation and taxation, down 5 percent from 2009 after one time transfers last year. Tonya Dusold cites last year’s unusual transfers totaling over $7 million.
The article details Iowa connections within the Obama White House as staffers discuss rapid work tempo and involvement in promoting the new health care law. It cites Whitty and Zichal on energetic, high‑volume policy coordination and notes multiple Iowa alumni in senior roles across offices and initiatives.
The wealth slump after a May to June stock dive reduced household wealth and curbed luxury spending. Economists say the rich pull back, choking consumer demand and slowing the second half rebound, with Dow and S&P losses deepening.
Researchers acknowledge stem cells offer potential across tissues from skin to heart and blood diseases. Dr. David Scadden notes gains while clinicians warn against unproven cures as patients like Rodney Schoenhart benefit from targeted injections and improved mobility.
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