{"id":11673,"date":"2023-10-22T18:38:02","date_gmt":"2023-10-22T17:38:02","guid":{"rendered":"https:\/\/www.agriculturelore.com\/?p=11673"},"modified":"2023-10-22T18:38:02","modified_gmt":"2023-10-22T17:38:02","slug":"what-percentage-of-the-us-economy-is-agriculture","status":"publish","type":"post","link":"https:\/\/www.agriculturelore.com\/what-percentage-of-the-us-economy-is-agriculture\/","title":{"rendered":"What Percentage Of The Us Economy Is Agriculture"},"content":{"rendered":"
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Agricultural production contributes a substantial portion of the United States economy. A closer look at the state of agriculture shows a complex and interrelated relationship with the US economy. To understand what percentage of the US economy is agriculture, the roles and importance of this sector must be considered.<\/p>\n

In 2018, the U.S. agricultural industry generated over $375 billion in revenue, or 1.9 percent of the nation’s GDP. Agriculture contributes around 10 percent of exports in the US. US agricultural workers are crucial for the nation’s economy since approximately 23 million people, representing 15 percent of all jobs, depend on production related to the US agricultural industry.<\/p>\n

Agricultural products include livestock, crops, fruits and vegetables, and high-value specialty items such as dairy products, grains, processed foods, flowers, and ornamental plants. Crop production has grown significantly over the years, accounting for around 75 percent of the total value of agricultural production.<\/p>\n

Agriculture has a significant economic impact on the country, as it contributes more than 60 percent of global food production and supplies 40 percent of the world’s food energy consumption. It is estimated that the US agricultural industry adds nearly $2 trillion in total economic activity to the global market annually.<\/p>\n