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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 1990200020012002200320041990-20002002-032003-04
Cash receipts ($ billion) 169.5 192.1 200.1 195.0 211.6 235.4f 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 ($/farm household) 38,237 61,947 64,117 65,757 68,506 71,102f 4.9 4.2 3.8
Farm household income relative to average U.S. household income (%) 103.1 108.6 110.2 113.7 na na 0.5 na na
Nonmetro-metro difference in poverty rates (%points) 3.6 2.6 3.1 2.6 2.1 na -3.2 -19.2 na
Cropland harvested (million acres) 310 314 311 307 315 312p 0.1 2.6 -1.0
USDA Conservation Program expenditures ($ billion)1 3.0 3.3 3.7 4.2 4.3 5.1 1.0 2.4 18.6
f= Forecast. p = Preliminary. na = Not available. All dollar amounts are in current dollars.
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 46.2 2.7 10.0 10.5
f= Forecast. p = Preliminary. na = Not available. All dollar amounts are in current dollars.
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.

This article is drawn from...

All outlook reports, Economic Research Service, June 2009, Get recent releases, links to the latest data, an outlook release calendar, outlook-related special reports, and a brief overview of the outlook for U.S. agriculture.

AO tables, Economic Research Service, June 2012, Get the statistical indicators formerly provided in Agricultural Outlook magazine.