U.S. jobs supported by agricultural exports grew in 2014
Agricultural exports support job growth in the United States, and the number of jobs depends on the type of products exported. In calendar year 2014, $150 billion in U.S. agricultural exports supported an estimated 1,132,000 full-time civilian jobs, up from the 1,095,000 agricultural export-related jobs the previous year. Products that are largely unprocessed and sold in bulk tend to generate fewer jobs than higher value, more highly processed, nonbulk agricultural products. However, when prices for bulk commodities are low and export volume is high, the number of jobs supported by each billion dollars of export value can rise. This was the case in 2014, as the number of jobs supported by exports of bulk commodities rose by 23 percent from the previous year, while jobs supported by exports of nonbulk commodities declined by nearly 5 percent. Consequently, the growth in jobs associated with U.S. agricultural exports was driven purely by bulk commodities in 2014. Nevertheless, nonbulk commodities still account for the majority of U.S. agricultural exports, and continue to support the majority of jobs generated by agricultural exports. This chart is based on the Agricultural Trade Multipliers data product.
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