Indicators Table
| Annual percent change | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2009 | 2010 | 2011 | 2012 | 2013 | 2009-10 | 2010-11 | 2011-11 | 2012-13 | |
| Cash receipts ($ billion) |
289.1 | 321.1 | 374.3 | 391.2f | 392.9f | 11.1 | 16.5 | 4.5 | 0.4 |
| Crops | 168.9 | 179.6 | 208.3 | 219.6f | 216.3f | 6.4 | 16.0 | 5.4 | -1.5 |
| Livestock | 120.3 | 141.6 | 166.0 | 171.7f | 176.5f | 17.7 | 17.3 | 3.4 | 2.8 |
| Direct government payments ($ billion) |
12.2 | 12.4 | 10.4 | 10.8f | 10.9f | 1.8 | -15.9 | 4.1 | 0.1 |
| Gross cash income ($ billion) |
323.3 | 351.8 | 410.8 | 433.4f | 440.1f | 8.8 | 16.8 | 5.5 | 1.5 |
| Net cash income ($ billion) |
75.6 | 99.4 | 134.7 | 135.6f | 123.5f | 31.5 | 35.5 | 0.7 | -8.9 |
| Net value added ($ billion) |
112.8 | 131.2 | 166.7 | 164.3f | 184.6f | 16.3 | 27.1 | -1.4 | 12.3 |
| Farm equity ($ billion) |
1,812.5 | 1,939.1 | 2,129.8 | 2,267.5f | 2,455.0f | 7.0 | 9.8 | 6.5 | 8.3 |
| Farm debt-to-asset ratio (percent) | 11.8 | 11.5 | 10.7 | 10.6f | 10.2f | -- | -- | -- | -- |
| Farm household income ($/farm household) |
52,235 | 54,162 | 57,050 | 57,723f | 58,845f | 3.7 | 5.3 | 1.2 | 1.9 |
| Farm household income relative to average U.S. household income (%) |
1.05 | 1.10 | 1.14 | na | na | -- | -- | -- | -- |
| Nonmetro-metro difference in poverty rates (%points)1 |
2.7 | 1.6 | 2.4 | na | na | -- | -- | -- | -- |
| Cropland harvested (million acres)3 |
310 | 315 | 302 | 316p | na | 1.6 | -4.3 | 4.6 | na |
| USDA Conservation Program expenditures ($ billion)1,2 |
4.9 | 5.7 | 5.9 | 5.9 | na | 16.1 | 4.0 | -- | na |
| Annual percent change | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2009 | 2010 | 2011 | 2012 | 2013 | 2009-10 | 2010-11 | 2011-11 | 2012-13 | |
| U.S. gross domestic product ($ billion) |
14,119 | 14,698 | 14,499 | 15,076 | 16,305f | 4.2 | -- | 3.9 | na |
| Share of agriculture and related industries in GDP (%)1 |
4.6 | 4.6 | 4.8 | 4.8f | na | -- | -- | -- | -- |
| Share of agriculture in GDP (%)1 |
0.7 | 0.9 | 0.9 | 0.9f | na | -- | -- | -- | -- |
| Total agricultural imports ($ billion)2 |
73.4 | 79.0 | 94.5 | 106.5f | na | 7.6 | 19.6 | 12.7 | na |
| Total agricultural exports ($ billion)2 |
96.3 | 108.6 | 137.4 | 136.5f | na | 12.8 | 26.5 | -- | na |
| Export share of the volume of U.S. agricultural production (%)1 |
20.1 | 22.1 | 22.5 | na | na | na | na | na | na |
| CPI for food (1982-84=100) |
218.0 | 219.6 | 227.8 | 233.8 | 240.8p | 0.7 | 3.7 | 2.6 | 2.9 |
| Share of U.S. disposable income spent on food (%) |
9.7 | 9.8 | 9.8 | na | na | -- | -- | na | na |
| Share of total food expenditures for at-home consumption (%) |
51.1 | 51.3 | 54.5 | na | na | -- | -- | na | na |
| Farm-to-retail price spread (1982-84=100) |
276.5 | 269.3 | na | na | na | -2.6 | na | na | na |
| Total USDA food and nutrition assistance spending ($ billion)2 |
79.2 | 95.4 | 103.8 | 106.7 | na | 20.5 | 8.3 | 2.8 | na |
| f = Forecast. p = Preliminary. na = Not available. -- = not applicable. All dollar amounts are in current dollars. Data current as of May 2013. 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: www.ers.usda.gov/AmberWaves/About/IndicatorsNotes.htm 2Based on October-September fiscal years ending with year indicated. 3The cropland harvested estimates do not double-count the acres on which multiple crops are grown. |
|||||||||