June 27, 2016
A new economic analysis released by the United Soybean Board finds that animal agriculture makes significant contributions to the U.S. economy. The analysis found that in 2014 U.S. animal agriculture contributed:
$440.7 billion to the gross domestic product
$76.7 billion to household incomes
Over 2.3 million jobs to the economy
Paid over $19 billion in income taxes and $7 billion in property taxes.
The analysis was completed by Decision Innovation Solutions.
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