Agricultural Economic Impact Flashcards

1
Q

According to the USDA ERS, how much does farming contribute to the US GDP?

A

$134.7 billion, 0.6 percent

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2
Q

How much does agriculture, food, natural resources contribute to economy according to the USDA ERS?

A

$1.055 trillion, 5.0 share

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3
Q

What number and percent of the US workforce is in agriculture?

A

19.7 million full and part time jobs in 2020, 10.3 percent

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4
Q

What number and percent of farm workers?

A

2.6 million, 1.4%

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5
Q

What percent of expenditure for food in American households in 2020?

A

11.9 percent share

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