Overview
Agricultural trade multipliers provide estimates of employment and/or output effects of trade in farm and food products on the U.S. economy. These effects, when expressed as multipliers, reflect the amount of economic activity and/or jobs generated by agricultural exports.
Users of this data system have two options through which to display multipliers:
- As predefined ERS estimates for the most recent calendar year available or
- As estimates generated by an interactive calculator that enables users to select their own basket of exports from the list of predefined estimates and/or apply a new set of trade margins to the commodity or basket of goods.
Data
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ERS
Estimates
ERS estimates agricultural trade multipliers for 61 agriculturally based commodities or combinations of agriculture, food processing, tobacco, and fiber and textile products at either the producer (farm or manufacturer) or port stage of export for the most recent year of
data available. |
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| Updated November
2011 |
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Calculator
Users can create their own multipliers by selecting
their own basket of exports and/or changing some
of the margins
in the ERS estimates to reflect specific or new
information about producer value, transportation
costs, and wholesale and retail trade margins.
This application functions best in Internet
Explorer (version 7.0 or later) and Firefox (version
3.0 or later). |
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| Updated November 2011 |
Effects of Trade on the U.S. Economy
The 2010 Data Overview of model results shows that each $1 of U.S. farm exports stimulated another $1.34 in U.S. business activity in calendar year 2010. The $115.8 billion of agricultural exports in 2010 produced a total domestic economic output of $270.7 billion and 907,000 jobs.
Previous assessments of the Effects
of Trade on the U.S. Economy are also available.
Related Links
U.S. Agricultural Trade
Briefing Room offers access to the trade analyses
and projections available from ERS, focusing primarily
on U.S. agricultural trade.
Foreign Agricultural Trade of the United States (FATUS) presents summary data on agricultural imports and exports using a standard USDA aggregation of trade codes into 213 agricultural groups most used by the public.
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