AmberWaves February 2007 > Statistics > Indicators

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Farm, Rural, and Natural Resources Indicators empty cell Annual percent change item 2003 2004 2005 2006 2007 2003-04 2004-05 2005-06 2006-07 Cash receipts ($ billion) 215.5 237.9 238.9 242.7 258.7f 10.4 0.4 1.6 6.6 Crops 109.9 114.3 114.0 121.6 133.5f 4.0 -0.3 6.6 9.8 Livestock 105.6 123.6 125.0 121.2 125.2f 17.0 1.1 -3.1 3.3 Direct government payments ($ billion) 16.5 13.0 24.3 16.3 12.4f -21.2 86.9 -32.8 -23.8 Gross cash income ($ billion) 247.8 267.8 280.9 277.1 289.8f 8.1 4.9 -1.4 4.6 Net cash income ($ billion) 70.0 81.5 81.2 66.7 67.2f 16.4 -0.4 -17.9 0.8 Net value added ($ billion) 102.0 128.9 120.4 109.7 118.5f 26.4 -6.6 -8.9 8.0 Farm equity ($ billion) 1,182.7 1,380.1 1,589.6 1,693.2 1,759.0f 16.7 15.2 6.5 3.9 Farm debt-asset ratio 14.2 12.9 11.9 11.8 11.8f -9.2 -7.9 -1.0 0.1 Farm household income ($/farm household) 68,597 81,596 81,420 79,851 81,588f 18.9 -0.2 -1.9 2.2 Farm household income relative to average U.S. household income (%) 116.1 134.8 128.5 na na 16.1 -4.7 na na Nonmetro-metro difference in poverty rates (%points)1 2.1 na 2.3 na na na na na na Cropland harvested (million acres) 315 312 312p na na -1.0 0.0 na na USDA Conservation Program expenditures ($ billion)2 4.3 5.1 na na na 18.6 na na na Food and Fiber Sector Indicators empty cell Annual percent change item 2003 2004 2005 2006 2007 2003-04 2004-05 2005-06 2006-07 U.S. gross domestic product ($ billion) 10,961 11,713 12,456 na na 6.9 6.3 na na Share of GDP in agriculture and related industries (%)1 4.8 4.7 4.5 na na -2.1 -4.3 na na Share of GDP in agriculture (%)1 0.8 1.0 0.8 na na 19.2 -16.3 na na Total agricultural imports ($ billion)2 45.7 52.7 57.7 64.0 na 15.3 9.5 10.9 na Total agricultural exports ($ billion)2 56.0 62.4 62.5 68.7 na 11.4 0.2 9.9 na Export share of the volume of U.S. agricultural production (%)1 21.1 20.9 20.1p na na -0.9 -3.8 na na CPI for food (1982-84=100) 180.0 186.2 190.7 195.3 na 3.4 2.4 2.4 na Share of U.S. disposable income spent on food (%) 9.8 9.7 9.9 na na -1.0 2.1 na na Share of total food expenditures for at-home consumption (%) 52.0 51.5 51.5 na na -1.0 0.0 na na Farm-to-retail price spread (1982-84=100) 225.6 232.1 239.2 na na 2.9 3.1 na na Total USDA food and nutrition assistance spending ($ billion)2 41.8 46.2 50.9 53.0 na 10.5 10.2 4.1 na f = Forecast. p = Preliminary. na = Not available. All dollar amounts are in current dollars. 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 2 Based on October-September fiscal years ending with year indicated. For more information . . . AO tables Get the statistical indicators formerly provided in Agricultural Outlook magazine. Printer-friendly format Get all Indicators in PDF format