Amber Waves September 2008 > Statistics > Indicators

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Farm, Rural, and Natural Resources Indicators empty cell Annual percent change item 2004 2005 2006 2007 2008 2004-05 2005-06 2006-07 2007-08 Cash receipts ($ billion) 237.2 240.9 240.8 284.8 335.8f 1.6 0.0 18.3 17.9 Crops 113.6 116.0 122.6 147.0 189.7f 2.1 5.7 19.9 29.0 Livestock 123.6 124.9 118.2 137.9 146.1f 1.1 -5.4 16.7 5.9 Direct government payments ($ billion) 13.0 24.4 15.8 11.9 13.2f 87.7 -35.2 -24.7 10.9 Gross cash income ($ billion) 267.3 281.5 274.1 313.4 366.4f 5.3 -2.6 14.3 16.9 Net cash income ($ billion) 82.3 86.6 68.0 87.4 101.3f 5.2 -21.5 28.5 15.9 Net value added ($ billion) 127.6 123.6 103.1 132.5 144.2f -3.1 -16.6 28.5 8.8 Farm equity ($ billion) 1,434.6 1,642.2 1,851.0 1,998.4 2,147.3f 14.5 12.7 8.0 7.5 Farm debt-asset ratio 11.3 10.5 9.6 9.6 9.0f -7.1 -8.6 0.0 -6.3 Farm household income ($/farm household) 81,596 81,599 77,654 87,031p 90,009f 0.0 -4.8 12.1 3.4 Farm household income relative to average U.S. household income (%) 134.8 128.8 116.7 128.7 na -4.5 -9.4 10.3 na Nonmetro-metro difference in poverty rates (%points)1 na 2.3 3.4 5.5 na na na na na Cropland harvested (million acres) 312 314 304p na na 0.6 -3.2 na na USDA Conservation Program expenditures ($ billion)2 5.1 na na na na na na na na Food and Fiber Sector Indicators empty cell Annual percent change item 2004 2005 2006 2007 2008 2004-05 2005-06 2006-07 2007-08 U.S. gross domestic product ($ billion) 11,713 12,456 13,247 na na 6.3 6.4 na na Share of agriculture and related industries in GDP (%)1 4.8 4.5 4.3 na na -6.3 -4.4 na na Share of agriculture in GDP (%)1 1.0 0.8 0.7 na na -16.3 -12.5 na na Total agricultural imports ($ billion)2 52.7 57.7 64.0 70.1 79.0 9.5 10.9 9.5 12.7 Total agricultural exports ($ billion)2 62.4 62.5 68.7 82.2 114.0 0.2 9.9 19.7 38.7 Export share of the volume of U.S. agricultural production (%)1 22.8 21.5 23.0 23.8p na -5.7 7.0 3.5 na CPI for food (1982-84=100) 186.2 190.7 195.3 202.9 214.0f 2.4 2.4 3.9 5.5 Share of U.S. disposable income spent on food (%) 9.7 9.8 9.8 9.8 na 1.0 0.0 0.0 na Share of total food expenditures for at-home consumption (%) 51.4 51.4 51.1 51.2 na 0.0 -0.6 0.2 na Farm-to-retail price spread (1982-84=100) 232.1 239.2 246.2 248.3 na 3.1 2.9 0.9 na Total USDA food and nutrition assistance spending ($ billion)2 46.2 50.9 53.1 54.3 na 10.2 4.3 2.3 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