Amber Waves September 2007 > Statistics > Indicators

Farm, Rural, and Natural Resources Indicators empty cell Annual percent change item 2003 2004 2005 2006 2007 2003-04 2004-05 2005-06 2006-07 Cash receipts ($ billion) 215.6 237.3 240.7 239.3 276.4f 10.1 1.4 -0.6 15.5 Crops 109.9 113.7 115.9 120.0 136.2f 3.5 1.9 3.5 13.5 Livestock 105.6 123.6 124.9 119.3 140.2f 17.0 1.1 -4.5 17.5 Direct government payments ($ billion) 16.5 13.0 24.4 15.8 13.6f -21.2 87.7 -35.2 -13.9 Gross cash income ($ billion) 247.8 267.4 281.3 272.5 308.0f 7.9 5.2 -3.1 13.0 Net cash income ($ billion) 70.2 82.2 85.8 67.9 85.9f 17.1 4.4 -20.9 26.5 Net value added ($ billion) 100.0 127.8 121.4 104.4 135.4f 27.8 -5.0 -14.0 29.7 Farm equity ($ billion) 1,203.6 1,401.9 1,576.1 1,771.8 2008.6f 16.5 12.4 12.4 13.4 Farm debt-asset ratio 12.7 11.5 10.9 10.5 9.6f -9.4 -5.2 -3.7 -8.6 Farm household income ($/farm household) 68,597 81,596 81,420 80,331 86,693f 18.9 -0.2 -1.3 7.9 Farm household income relative to average U.S. household income (%) 116.1 134.8 128.5 120.7 na 16.1 -4.7 -6.1 na Nonmetro-metro difference in poverty rates (%points)1 2.1 na 2.3 3.4 na na na na na Cropland harvested (million acres) 315 312 312p na na -1.0 0.0 na na USDA Conservation Program expenditures ($ billion)2 4.3 5.1 na na na 18.6 na na na Food and Fiber Sector Indicators empty cell Annual percent change item 2003 2004 2005 2006 2007 2003-04 2004-05 2005-06 2006-07 U.S. gross domestic product ($ billion) 10,961 11,713 12,456 na na 6.9 6.3 na na Share of GDP in agriculture and related industries (%)1 4.8 4.7 4.5 na na -2.1 -4.3 na na Share of GDP in agriculture (%)1 0.8 1.0 0.8 na na 19.2 -16.3 na na Total agricultural imports ($ billion)2 45.7 52.7 57.7 64.0 70.5 15.3 9.5 10.9 10.2 Total agricultural exports ($ billion)2 56.0 62.4 62.5 68.7 79.0 11.4 0.2 9.9 15.0 Export share of the volume of U.S. agricultural production (%)1 21.1 20.9 20.1p na na -0.9 -3.8 na na CPI for food (1982-84=100) 180.0 186.2 190.7 195.3 202.6f 3.4 2.4 2.4 3.7 Share of U.S. disposable income spent on food (%) 9.8 9.7 9.8 9.9 na -1.0 1.0 1.0 na Share of total food expenditures for at-home consumption (%) 52.0 51.5 51.3 51.1 na -1.0 -0.4 -0.4 na Farm-to-retail price spread (1982-84=100) 225.6 232.1 239.2 246.0 na 2.9 3.1 2.8 na Total USDA food and nutrition assistance spending ($ billion)2 41.8 46.2 50.9 53.1 na 10.5 10.2 4.3 na f = Forecast. p = Preliminary. na = Not available. All dollar amounts are in current dollars. 1 The methodology for computing these measures has changed. These statistics are not comparable to previously published statistics. sources and computation methodology are available at:   www.ers.usda.gov/AmberWaves/About/IndicatorsNotes.htm 2 Based on October-September fiscal years ending with year indicated. For more information . . . AO tables Get the statistical indicators formerly provided in Agricultural Outlook magazine. Printer-friendly format Get all Indicators in PDF format Email this page