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Indicators

Farm, Rural, and Natural Resources Indicators
 Annual percent change
 200320042005200620072003-042004-052005-062006-07
Cash receipts
($ billion)
215.5 237.9 238.9 242.7 258.7f 10.4 0.4 1.6 6.6
Crops 109.9 114.3 114.0 121.6 133.5f 4.0 -0.3 6.6 9.8
Livestock 105.6 123.6 125.0 121.2 125.2f 17.0 1.1 -3.1 3.3
Direct government payments
($ billion)
16.5 13.0 24.3 16.3 12.4f -21.2 86.9 -32.8 -23.8
Gross cash income
($ billion)
247.8 267.8 280.9 277.1 289.8f 8.1 4.9 -1.4 4.6
Net cash income
($ billion)
70.0 81.5 81.2 66.7 67.2f 16.4 -0.4 -17.9 0.8
Net value added
($ billion)
102.0 128.9 120.4 109.7 118.5f 26.4 -6.6 -8.9 8.0
Farm equity
($ billion)
1,182.7 1,380.1 1,589.6 1,693.2 1,759.0f 16.7 15.2 6.5 3.9
Farm debt-asset ratio 14.2 12.9 11.9 11.8 11.8f -9.2 -7.9 -1.0 0.1
Farm household income
($/farm household)
68,597 81,596 81,420 79,851 81,588f 18.9 -0.2 -1.9 2.2
Farm household income relative to average U.S. household income
(%)
116.1 134.8 128.5 na na 16.1 -4.7 na na
Nonmetro-metro difference in poverty rates
(%points)1
2.1 na 2.3 na na na na na na
Cropland harvested
(million acres)
315 312 312p na na -1.0 0.0 na na
USDA Conservation Program expenditures
($ billion)2
4.3 5.1 na na na 18.6 na na na
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.
Food and Fiber Sector Indicators
 Annual percent change
 200320042005200620072003-042004-052005-062006-07
U.S. gross domestic product
($ billion)
10,961 11,713 12,456 na na 6.9 6.3 na na
Share of agriculture and related industries in GDP
(%)1
4.8 4.7 4.5 na na -2.1 -4.3 na na
Share of agriculture in GDP
(%)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 na 15.3 9.5 10.9 na
Total agricultural exports
($ billion)2
56.0 62.4 62.5 68.7 na 11.4 0.2 9.9 na
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 na 3.4 2.4 2.4 na
Share of U.S. disposable income spent on food
(%)
9.8 9.7 9.9 na na -1.0 2.1 na na
Share of total food expenditures for at-home consumption
(%)
52.0 51.5 51.5 na na -1.0 0.0 na na
Farm-to-retail price spread
(1982-84=100)
225.6 232.1 239.2 na na 2.9 3.1 na na
Total USDA food and nutrition assistance spending
($ billion)2
41.8 46.2 50.9 53.0 na 10.5 10.2 4.1 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: http://www.ers.usda.gov/amber-waves/about/methodology-notes.aspx
2 Based on October-September fiscal years ending with year indicated.