WASHINGTON, DC – Over the past year, the ongoing COVID-19 crisis has served as a reminder of the critical role that the United States food and agriculture industries still play in a resilient food supply chain, fueling our nation and ensuring that Americans are supplied with an abundance of safe food during this time of need. A new nationwide economic impact study, commissioned by 33 food and agriculture groups, including the American Bakers Association (ABA), is available at www.FeedingTheEconomy.com. The study reinforces the significance of these industries as critical to day-to-day American life.
This study sheds light for policymakers on how the food and agriculture sector not only feeds Americans, but also fuels the U.S. economy. The COVID-induced economic downturn of the past year has only served to further highlight the critical importance of the food and agriculture industries.
The economic impact study released today shows that one fifth of the nation’s economy and one quarter of American jobs are linked to the food and agriculture sectors, either directly or indirectly. Additionally, the analysis broke down the food and agriculture sectors’ economic impact by state and congressional district. Here are the key findings:
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