Agricultural Productivity in the U. S.

Résumé du livre

Increased productivity is a key to a healthy & thriving economy. Agriculture has been a very successful sector of the U.S. economy in terms of productivity growth. Agricultural productivity growth has been an important source of U.S. economic growth throughout the century, but the years since 1940 have seen an even faster growth in agricultural productivity. The annual average increase in productivity from 1949 to 1994 was 1.94%. This report describes changes in U.S. agricultural productivity, & its output & input components, for 1948-94. The report also discusses factors that have affected productivity trends & provides detailed, technical information about the USDA system for calculating productivity. Charts & tables.