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