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National Income and Product Accounts Table
Table 7.3.5. Farm Sector Output, Gross Value Added, and Net Value Added
[Millions of dollars]

Cautionary note on the use of data in millions of dollars -- The tables provided include estimates in millions of dollars for NIPA series that appear regularly in the national income and product account (NIPA) tables published in the Survey of Current Business. The Bureau of Economic Analysis (BEA) generally does not include estimates at this level of precision in the published tables because the associated sampling and nonsampling errors are larger than this implied level of precision. Compared with the published aggregates, the million-dollar estimates are generally not any more accurate.
Today is: 9/17/2008   Last Revised on August 06, 2008  
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Line      2006       2007   
1Farm output253,849307,009
2   Cash receipts from farm marketings240,594284,700
3      Crops122,450146,895
4      Livestock118,144137,806
5   Farm products consumed on farms610598
6   Other farm income16,26019,767
7   Change in farm finished goods
       inventories		-3,6141,944
8      Crops-4,0972,003
9      Livestock484-59
10Less: Intermediate goods and services
    consumed		162,731169,758
11         Other than rent153,838160,146
12            Intermediate goods and
                services purchased, other than rent		153,543159,778
13            Less: Change in farm
                materials and supplies inventories		-294-367
14         Rent paid to nonoperator
             landlords		8,8949,612
15Equals: Gross farm value added91,118137,251
16Less: Consumption of fixed capital33,31234,672
17Equals: Net farm value added57,806102,579
18               Compensation of employees22,03523,332
19                  Wage and salary
                      accruals		18,96720,042
20                  Supplements to wages
                      and salaries		3,0683,291
21               Taxes on production and
                   imports		5,9196,507
22               Less: Subsidies to
                   operators		13,43710,153
23               Net operating surplus43,29082,893
24                  Net interest11,58912,350
25                  Current transfer
                      payments		2424
26                  Proprietors' income
                      and corporate profits with inventory
                      valuation and capital consumption adjustments		31,67770,519
27                     Proprietors' income16,15444,018
28                     Corporate profits15,52326,501
  Addendum:
29   Change in farm inventories 1 -3,9081,576
       Footnotes

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