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What is agriculture's share of the overall U.S. economy?

Agtools Inc.

#Agriculture, #food, and related #industries #contributed roughly $1.264 #trillion to U.S. gross domestic #product (GDP) in 2021, a 5.4% share.

The output of America’s #farms contributed $164.7 #billion of this sum—about 0.7 percent of U.S. GDP.

The overall contribution of agriculture to GDP is larger than 0.7 percent because #sectors related to #agriculture rely on #agricultural inputs to contribute added value to the #economy.

Sectors related to agriculture include #food and beverage manufacturing; food and beverage stores; #foodservices.


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Agtools Inc.

8502 E. Chapman Avenue.

Suite 137

Orange CA 92869

+1 (714) - 707-4848

info@ag.tools

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