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Mar. 18, 2025 Source: Feeding the Economy news release Washington, D.C. - Today, 36 food and agriculture groups released the ninth annual Feeding the Economy report, a farm-to-fork study of the entire agricultural supply chain. The report analyzes the robust direct and indirect economic contributions of one of America's most essential industries to U.S. jobs, wages, economic output, and taxes. To read the report click here. The 2025 report confirms the agriculture industry is at the heart of the U.S. economy, generating more than $9.5 trillion in economic value, which amounts to 18.7% of the overall national economy. While these findings highlight the enormous impact of the agriculture industry, this is a modest decrease compared to 2024, when agriculture contributed more than $9.6 trillion to the economy, about 20% of total economic output. Additional highlights from the 2025 Feeding the Economy report include: *The agriculture industry has shown significant growth since the pandemic, increasing its economic output by close to 25% and demonstrating the industry's resilience and innovation amidst global supply chain challenges. *Direct employment in food and agriculture has grown by more than 1 million jobs since 2020, contributing to overall American job growth and high U.S. employment rates. *The United States exports nearly $183 billion in food and agriculture products, critical to the strength and growth of our industry. Despite these considerable gains and notable contributions to the U.S. economy, certain emerging trends represent an industry under pressure. Direct and indirect industry wages have grown year-over-year but have failed to keep pace with inflation, reflecting nationwide economic stressors and the high cost of labor for employers. Additionally, the number of agricultural manufacturing jobs has fallen year-over-year and is down nearly 30,000 jobs since 2020. Click here to view the sponsoring organizations from the food and agriculture industries who helped make the 2025 study possible provided commentary on this year's findings. Tweet |
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