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Food, Agriculture, and the Economy

Touch the Soil News #891 (Feature photo –- CCA 2.0 Generic)

A number of large food and agricultural interests – organized around an information portal called Feeding the Economy – have recently issued statistics about the economic impact of food and agriculture: http://www.feedingtheeconomy.com/

The organization provides more interesting numbers that are detailed at their Website above.

In a nutshell, food and agriculture have the following economic impact:

  1. Represents almost 20 percent of the U.S. economy.
  2. Responsible for 43.3 million jobs (includes food service, grocers and restaurants) or roughly 28 percent of American jobs.
  3. Pays out $2 trillion in wages each year.
  4. Responsible for $146 billion in exports, helping reduce trade deficits.

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