Indicators Table
| Annual percent change | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2009 | 2010 | 2011 | 2012 | 2013 | 2009-10 | 2010-11 | 2011-12 | 2012-13 | |
| Cash receipts ($ billion) |
289.1 | 321.1 | 367.9 | 395.1 | 391.2 | 11.1 | 14.6 | 7.4 | -1.0 |
| Crops | 168.9 | 179.5 | 202.0 | 223.5 | 211.1 | 6.3 | 12.5 | 10.6 | -5.5 |
| Livestock | 120.3 | 141.4 | 165.9 | 171.6 | 180.1 | 17.5 | 17.3 | 3.4 | 5.0 |
| Direct government payments ($ billion) |
12.2 | 12.4 | 10.4 | 10.6 | 11.1 | 1.6 | -16.1 | 1.9 | 4.7 |
| Gross cash income ($ billion) |
323.3 | 351.7 | 404.5 | 439.3 | 439.2 | 8.8 | 15.0 | 8.6 | 0.0 |
| Net cash income ($ billion) |
73.9 | 97.7 | 126.8 | 134.4 | 120.8 | 32.2 | 29.8 | 6.0 | -10.1 |
| Net value added ($ billion) |
112.8 | 131.0 | 168.8 | 172.1 | 182.8 | 16.1 | 28.9 | 2.0 | 6.2 |
| Farm equity ($ billion) |
1,871.5 | 2,079.5 | 2,235.4 | 2,510.9 | 2,701.9 | 11.1 | 7.5 | 12.3 | 7.6 |
| Farm debt-asset ratio | 12.5 | 11.8 | 11.6 | 10.7 | 10.2 | -- | -- | -- | -- |
| Farm household income ($/farm household) |
52,235 | 54,162 | 57,050 | 68,680p | 66,989f | 3.7 | 5.3 | 20.4 | -2.5 |
| Farm household income relative to average U.S. household income (%) |
1.05 | 1.1 | 1.14 | na | na | -- | -- | -- | -- |
| Nonmetro-metro difference in poverty rates (%points)1 |
2.7 | 1.6 | 2.4 | na | na | -- | -- | -- | -- |
| Cropland harvested (million acres)3 |
310 | 315 | 302 | 310p | na | 1.6 | -4.3 | 4.6 | na |
| USDA Conservation Program expenditures ($ billion)1,2 |
4.9 | 5.7 | 5.9 | 5.9 | na | 16.1 | 4.0 | -- | na |
| f = Forecast. p = Preliminary. na = Not available. -- = not applicable. All dollar amounts are in current dollars. Data current as of August 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/amber-waves/About/Methodology-notes.aspx 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. |
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| Annual percent change | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2009 | 2010 | 2011 | 2012 | 2013 | 2009-10 | 2010-11 | 2011-12 | 2012-13 | |
| U.S. gross domestic product ($ billion) |
14,417.9 | 14,958.3 | 15,533.8 | 16,244.6 | 16,970.5f | 4.2 | na | na | na |
| Share of agriculture and related industries in GDP (%)1 |
4.9 | 4.6 | 4.9 | 5.0f | na | -- | -- | -- | -- |
| Share of agriculture in GDP (%)1 |
0.8 | 0.9 | 0.9 | 0.9f | na | -- | -- | -- | -- |
| Total agricultural imports ($ billion)2 |
73.4 | 79.0 | 94.5 | 103.4 | 111.0f | 7.6 | 19.6 | 9.4 | 7.4 |
| Total agricultural exports ($ billion)2 |
96.3 | 108.6 | 137.4 | 135.8 | 139.5f | 12.8 | 26.5 | -1.2 | 2.7 |
| 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 | 238.5p | 0.7 | 3.7 | 2.6 | 2.0 |
| 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 | 2.6 | na |
| f = Forecast. p = Preliminary. na = Not available. -- = not applicable. All dollar amounts are in current dollars. Data current as of August 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/amber-waves/About/Methodology-notes.aspx 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. |
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