This study sheds light for policymakers on how the food and agriculture sector fuels the US economy.
The ongoing COVID-19 crisis has served as a reminder of the critical role that the United States Food and agriculture industries still play in a resilient food supply chain, fueling our nation and ensuring that Americans are supplied with an abundance of safe food during this time of need. A new nationwide economic impact study, commissioned by 33 food and agriculture groups and available at www.FeedingTheEconomy.com, reinforces the significance of these industries as critical to day-to-day American life.
This study sheds light for policymakers on how the food and agriculture sector not only feeds Americans but also fuels the US economy.
The food and agriculture industries’ absolute vital role in feeding Americans is well known, but less talked about is their incredible impact in also feeding and growing the nation’s economy. This historic farm-to-fork economic analysis quantifies the impact of the jobs, wages, taxes, and exports the industry makes possible.
To measure the total economic impact of the sectors, the analysis also includes the indirect and induced economic activity surrounding these industries, which captures upstream and downstream activity.
