As Richard summed it up:
-alcohol purchases are sensitive to economic downturns (bad news!)
-wine is much less sensitive to an economic downturn than is beer or spirits (good news!)
-while wine buying in restaurants is way down now (bad news!), retail wine sales are moving along strong (good news!)
The full article can be read at http://www.slate.com/id/2201323/ . As for me, with my limited knowledge of the world of economics, I will do best to keep my mouth firmly shut at the moment.