The ERS farm income and finances program measures, forecasts, and explains indicators of economic performance for the U.S. farm sector and major crop and livestock farm groups. The program's analyses and data are used by USDA and other clients in both the public and private sector to form a perspective about the financial health of the U.S. agricultural economy. Distributional analyses identify subsectors and business types that are performing well relative to past trends and to other groups and types of farms.
Financial performance measures assess the farm sector's receipts and expenses; net income; variations in farm income by farm size and other categorizations; and changes in the sector's assets, debt, and overall wealth. Each of these measures, and combinations of measures, help summarize the financial position of the farm sector. ERS publishes estimates and forecasts of farm income, wealth, and household well-being based on responses to USDA's annual Agricultural Resource Management Survey (ARMS), as well as other sector-level information.
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