National Recreation

Farms

Value Added
$10.55B
2024
YoY Growth
+7.5%
20232024
Employment
0.03M
2024
Compensation
$4.05B
2024

Farms: Value Added vs Gross Output

Gross Output measures total economic output including intermediate inputs. Value Added measures contribution to GDP.

Farms: Nominal vs Real

Comparing current dollars to inflation-adjusted (2017 dollars) shows the true growth trajectory.

Farms: Year-over-Year Growth

Annual percentage change shows volatility and trend patterns.

Farms: Employment & Compensation

Jobs supported and total compensation paid in this industry sector.

2024