March 22, 2022
National Ag Day
Topic: Events
Nationally, a Feeding the Economy report shows that 7% of the nation’s economy and 29% of American jobs are linked to the food and agriculture sectors, either directly or indirectly. Amidst the global supply chain and inflation crises, these sectors also exported $182.91 billion worth of goods, helping the U.S. maintain its position as a leading player in global agriculture. In 2021 these sectors contributed a total of $3.01 trillion to the U.S. economy.
In addition to providing insights on nationwide impact, the report breaks down the sectors’ impact by state and congressional districts. Key findings include:
- Total Jobs: 43,464,211
- Total Wages:$2.30 trillion
- Total Taxes: $718.15 billion
- Exports: $182.91 billion
- Total Food and Industry Economic Impact: $7.43 trillion
Read more about the new study here.