Overview
Agricultural trade multipliers provide estimates of employment
and/or output effects
of trade in farm and food products on the U.S. economy.
These effects, when expressed as multipliers, reflect
the amount of economic activity and/or jobs generated
by agricultural exports.
Users of this data system have two options through which
to display multipliers:
- As predefined ERS estimates for the most recent calendar
year available or
- As estimates generated by an interactive calculator
that enables users to select their own basket of exports
from the list of predefined estimates and/or apply a
new set of trade margins
to the commodity or basket of goods.
Data
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ERS
Estimates
ERS estimates agricultural trade multipliers for
61 agriculturally based commodities or combinations
of agriculture, food processing, tobacco, and
fiber and textile products at either the producer
(farm or manufacturer) or port stage of export
for the most recent year of data available. |
 |
| Updated November
2008 |
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Calculator
Users can create their own multipliers by selecting
their own basket of exports and/or changing some
of the margins
in the ERS estimates to reflect specific or new
information about producer value, transportation
costs, and wholesale and retail trade margins.
This application functions best in Internet
Explorer (version 7.0 or later) and Firefox (version
3.0 or later). |
|
| Updated November 2008 |
Effects of Trade on the U.S. Economy
The 2007 Data Overview of model results shows that each $1 of U.S. farm exports stimulated another $1.40 in U.S. business activity in calendar year 2007. The almost $90 billion of agricultural exports in 2007 produced a total domestic economic output of nearly $216 billion and 808,000 jobs.
Previously assessments of the Effects
of Trade on the U.S. Economy are also available.
Related Links
U.S. Agricultural Trade
Briefing Room offers access to the trade analyses
and projections available from ERS, focusing primarily
on U.S. agricultural trade.
Foreign Agricultural Trade of the United States (FATUS) presents summary data on agricultural imports and exports using a standard USDA aggregation of trade codes into 213 agricultural groups most used by the public.
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