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USDA ERS - 2019 Data Overview - Vimarsana News

USDA ERS - 2019 Data Overview

2019 Data Overview 2019 Data Overview U.S. agricultural exports support output, employment, income, and purchasing power in both the farm and nonfarm sectors. In calendar year 2019, U.S. agricultural exports totaled $141.2 billion. The Agricultural Trade Multiplier (ATM) model prepared by USDA’s Economic Research Service (ERS) estimates that each dollar of these exports stimulated another $1.13 in economic activity in the United States in 2019 (using a model that approximates these exports at $141.6 billion due to its inclusion of biodiesel as an agricultural product). Thus,...

Source: usda.gov