National Income and Product Accounts Table

Table 7.3.6. Real Farm Sector Output, Real Gross Value Added, and Real Net Value Added, Chained Dollars
[Millions of chained (2000) 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  

Caution on the use of chained-dollar NIPA estimates
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Line      2006       2007   
1Farm output214,842218,381
2   Cash receipts from farm marketings202,217200,646
3      Crops100,13999,285
4      Livestock101,986101,275
5   Farm products consumed on farms498450
6   Other farm income13,69214,409
7   Change in farm finished goods
       inventories
-2,9961,273
8      Crops-3,3211,129
9      Livestock380-61
10Less: Intermediate goods and services
    consumed
129,548125,130
11         Other than rent121,565116,914
12            Intermediate goods and
                services purchased, other than rent
121,332116,652
13            Less: Change in farm
                materials and supplies inventories
-234-265
14         Rent paid to nonoperator
             landlords
7,8508,158
15Equals: Gross farm value added83,44891,513
16Less: Consumption of fixed capital28,46828,847
17Equals: Net farm value added54,58862,047
18   Change in farm inventories 1 -3,2291,011
       Footnotes

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