Annual
BPFATT01DKA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-138,798,000,000.00
Year-over-Year Change
135.61%
Date Range
1/1/1997 - 1/1/2013
Summary
The Annual trend measures the annual value-added in the Agriculture, Forestry, Fishing, and Hunting sector of the U.S. economy. It provides important insights into the performance and contribution of this key industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual trend represents the total economic output or value-added generated by the Agriculture, Forestry, Fishing, and Hunting sector on an annual basis. This metric is a crucial indicator of the sector's productivity and its role within the broader U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on national income and product accounts.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and economists to assess the health and growth of the U.S. agricultural and natural resource sectors.
Key Facts
- The Agriculture, Forestry, Fishing, and Hunting sector accounts for approximately 1% of U.S. GDP.
- The annual value-added in this sector has grown by an average of 2.5% over the past decade.
- Drought, commodity prices, and trade policies are major factors influencing the performance of this sector.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total value-added, or economic output, generated by the Agriculture, Forestry, Fishing, and Hunting sector of the U.S. economy on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the performance and contribution of a key industry within the U.S. economy, which is closely monitored by policymakers, industry analysts, and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on national income and product accounts.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to assess the health and growth of the U.S. agricultural and natural resource sectors, which informs economic policies and decision-making.
Q: Are there update delays or limitations?
A: The Annual trend data is typically published with a 1-2 month delay by the U.S. Bureau of Economic Analysis, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Annual (BPFATT01DKA636N), retrieved from FRED.