U.S. Farm Income Outlook for 2016

Schnepf, Randy

Library of Congress. Congressional Research Service.

关键词: Agriculture;    Agricultural economics;    Farm income;   

RP-ID  :  R40152
RP-ID  :  R40152_2016Feb16

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses this the U.S. Department of Agriculture's (USDA's) farm income outlook and its implications. According to USDA's Economic Research Service (ERS), national net farm income--a key indicator of U.S. farm well-being--is forecast at $54.8 billion in 2016, down 3% from last year. The 2016 forecast represents the third consecutive year of decline and would be the lowest since 2002 in both nominal and inflation-adjusted dollars.