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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 1990200020012002200320041990-20002002-032003-04
Cash receipts ($ billion) 169.5 192.1 200.1 195.1 211.6 235.4f 1.3 8.5 11.2
Crops 80.3 92.5 93.4 101.3 106.2 113.2f 1.4 4.8 6.6
Livestock 89.2 99.6 106.7 93.8 105.5 122.2f 1.1 12.5 15.8
Direct government payments ($ billion) 9.3 22.9 20.7 11.0 15.9 14.5f 9.4 44.5 -8.8
Gross cash income ($ billion) 186.9 228.7 235.6 222.0 243.9 266.1f 2.0 9.9 9.1
Net cash income ($ billion) 52.7 56.7 59.5 50.7 68.6 77.8f 0.7 35.3 13.4
Net value added ($ billion) 80.8 91.9 94.1 78.8 101.4 118.0f 1.3 28.7 16.4
Farm equity ($ billion) 702.6 1,025.6 1,070.2 1,110.7 1,180.8 1,247.0f 3.9 6.3 5.6
Farm debt-asset ratio 16.4 14.8 14.8 14.8 14.4 14.2f -1.0 -2.7 -1.4
Farm household income ($/farm household) 38,237 61,947 64,117 65,757 68,506f 71,102f 4.9 4.2 3.8
Farm household income relative to average U.S. household income (%) 103.1 108.6 110.2 113.7 na na 0.5 na na
Nonmetro-metro difference in poverty rates (%points) 3.6 2.6 3.1 2.6 2.1 na -3.2 -19.2 na
Cropland harvested (million acres) 310 314 311 307 315 312p 0.1 2.6 -1.0
USDA Conservation Program expenditures ($ billion)1 3.0 3.4 3.7 3.5q na na 1.3 na na
f= Forecast. p = Preliminary. q = 2002 Administration request. na = Not available.
1 Based on October-September fiscal years ending with year indicated.
Food and Fiber Sector Indicators
 Annual percent change
 1990200020012002200320041990-20002002-032003-04
U.S. gross domestic product ($ billion)1 5,803 9,825 10,082 10,446 10,863f na 5.4 4.0 na
Food and fiber share (%) 15.1 12.6 12.3 na na na -1.8 na na
Farm sector share (%) 1.4 0.8 0.8 0.8 na na -5.4 na na
Total agricultural imports ($ billion)2 22.7 38.9 39.0 41.0 45.7 52.7 5.5 11.5 15.3
Total agricultural exports ($ billion)2 40.3 50.7 52.7 53.3 56.2 62.3 2.3 5.4 10.9
Export share of the volume of U.S. agricultural production (%) 18.2 17.6 17.7 16.5 17.9 na -0.3 8.5 na
CPI for food (1982-84=100) 132.4 167.9 173.1 176.2 180.0 186.2 2.4 2.2 3.4
Share of U.S. disposable income spent on food (%) 11.2 10.1 10.2 10.1 10.1 na -1.0 0.0 na
Share of total food expenditures for at-home consumption (%) 55.4 53.3 53.9 53.8 53.1 na -0.4 -1.3 na
Farm-to-retail price spread (1982-84=100) 144.5 210.3 215.4 221.2 na na 3.8 na na
Total USDA food and nutrition assistance spending ($ billion)2 24.9 32.6 34.2 38.0 41.8 46.1 2.7 10.0 10.3
f= Forecast. p = Preliminary. na = Not available.
1 Forecast for 2003 based on the Office of Management and Budget's Midsession Budget Review, July 2003.
2 Based on October-September fiscal years ending with year indicated.