CRA joined 34 other food and agriculture organizations in releasing the 10th annual Feeding the Economy report, a comprehensive farm-to-fork analysis of the entire food and agriculture supply chain. The report measures the direct and indirect contributions of America’s food and agriculture industries to U.S. jobs, wages, economic output, and tax revenue.
This year’s report underscores the immense reach of the food and agriculture sector across the U.S. economy. America’s food and agriculture industries generate more than $10.4 trillion in economic activity, representing nearly 20% of total U.S. economic output. These industries support more than 48.7 million jobs nationwide, including nearly 24.3 million direct jobs, demonstrating their importance to communities in every region of the country.
Compared to the previous year’s report, the sector’s economic impact increased by nearly $894 billion, reflecting continued growth across the food and agriculture value chain despite inflationary pressures, a challenging farm economy, and global market uncertainty.
Feeding the Economy highlights:
- America’s food and agriculture industries generate more than $10.4 trillion in economic activity, touching every ZIP Code in the U.S. and supporting jobs in nearly every congressional district.
- These industries support nearly 49 million American jobs, accounting for roughly one in five jobs nationwide, with direct employment totaling nearly 24.3 million workers.
- Food and agriculture employment generates more than $3 trillion in wages for American workers, with wages increasing 4 percent year-over-year and 13 percent over the last decade.
Click here to see more...