Farm households often earn higher incomes than other types of households. In 2018, 57 percent of U.S. farm households received incomes at or above the median for all U.S. households, which was $63,179 that year. ERS classifies farm households into...
To view the complete report, click here. Denver, CO - The U.S. rural economy will continue to face headwinds in 2020 and is expected to underperform relative to the economy of urban America. Since 2014, GDP growth in rural counties...
Source: USDA news release To view the complete report, click here. Forecasts and estimates of farm sector income with component accounts: for the United States, 1910-2019F; and for States, 1949-2018. Updated November 27, 2019.
Inflation-adjusted U.S. net cash farm income (gross cash income less cash expenses) is forecast to increase $13.6 billion (12.9 percent) to $119.0 billion in 2019. U.S. net farm income (a broader measure of farm sector profitability that incorporates noncash items...
Translate Web in Your Language »