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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 2000200120022003200420052002-032003-042004-05
Cash receipts ($ billion) 192.1 200.1 195.0 216.6 241.2 239.6f 11.1 11.4 -0.9
Crops 92.5 93.3 101.0 111.0 117.8 114.1f 9.9 6.1 -3.1
Livestock 99.6 106.7 94.0 105.6 123.5 124.9f 12.3 17.0 1.1
Direct government payments ($ billion) 22.9 20.7 11.2 17.2 13.3 23.0f 53.6 -22.7 72.9
Gross cash income ($ billion) 228.7 235.6 221.0 249.5 271.7 279.5f 12.9 8.9 2.9
Net cash income ($ billion) 56.7 60.1 49.5 71.6 85.5 82.8f 44.6 19.4 -3.2
Net value added ($ billion) 91.9 95.0 78.6 101.2 125.9 119.3f 28.8 24.4 -5.2
Farm equity ($ billion) 1,025.6 1,070.2 1,110.7 1,180.8 1,293.9 1,376.9f 6.3 9.6 6.4
Farm debt-asset ratio 14.8 14.8 14.8 14.4 13.8 13.4f -2.7 -4.2 -2.9
Farm household income ($/farm household) 61,947 64,117 65,761 68,597 81,480p 83,461f 4.3 18.8 2.4
Farm household income relative to average U.S. household income (%) 108.6 110.2 113.7 116.1 134.6p na 2.1 15.9 na
Nonmetro-metro difference in poverty rates (%points) 2.6 3.1 2.6 2.1 na na -19.2 na na
Cropland harvested (million acres) 314 311 307 315 312 312p 2.6 -1.0 0.0
USDA Conservation Program expenditures ($ billion)1 3.3 3.7 4.2 4.3 5.1 na 2.4 18.6 na
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
 2000200120022003200420052002-032003-042004-05
U.S. gross domestic product ($ billion) 9,817 10,128 10,470 10,971 11,734 12,487 4.8 7.0 6.4
Share of GDP in agriculture and related industries (%)1 4.8 4.8 4.8 4.8 4.8 na 0.0 0.0 na
Share of GDP in agriculture (%)1 0.7 0.7 0.7 0.8 1.0 na 11.1 19.2 na
Total agricultural imports ($ billion)2 38.9 39.0 41.0 45.7 52.7 57.7 11.5 15.3 9.5
Total agricultural exports ($ billion)2 50.7 52.7 53.3 56.2 62.4 62.4 5.4 11.0 0.0
Export share of the volume of U.S. agricultural production (%) 17.6 17.6 16.7 17.9 16.3 na 7.2 -8.9 na
CPI for food (1982-84=100) 167.9 173.1 176.2 180.0 186.2 190.7 2.2 3.4 2.4
Share of U.S. disposable income spent on food (%) 9.8 9.8 9.5 9.4 9.5 na -1.1 1.1 na
Share of total food expenditures for at-home consumption (%) 51.7 51.7 50.8 50.3 49.7 na -1.0 -1.2 na
Farm-to-retail price spread (1982-84=100) 210.3 215.4 221.2 225.6 232.1 238.3 2.0 2.9 2.7
Total USDA food and nutrition assistance spending ($ billion)2 32.6 34.2 38.0 41.8 46.2 50.9 10.0 10.5 10.2
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: http://www.ers.usda.gov/amber-waves/about/methodology-notes.aspx
2 Based on October-September fiscal years ending with year indicated.