UNITED STATES FACT SHEET For FAX, call 202-219-1107 for # 5552 As of 01-Nov-94 POPULATION, EMPLOYMENT, AND INCOME Total Metro Nonmetro Population 1980 227,255,000 177,593,400 49,661,600 1990 249,399,300 198,419,500 50,979,800 Latest(1992) 255,077,500 203,262,100 51,815,400 Per-capita income 1991 19163 20289 14761 1992 20105 21247 15682 Change 4.9% 4.7% 6.2% Earnings per job 1991 25123 26446 19029 1992 26531 27944 20085 Change 5.6% 5.7% 5.5% Poverty rate 1980 12.4 11.4 15.8 1990 13.8 12.1 17.1 Change 11.3% 6.1% 8.2% Unemployment Rate 1992 7.4 7.2 8.0 1993 6.8 6.7 7.4 Change -8.1% -6.9% -7.5% Percent employment change 1990-91 -0.9 -1.0 -0.1 1991-92 0.7 0.5 1.6 1992-93 1.5 1.3 2.0 Percent of 1991 employment in farm and farm related jobs: Total 15.7 13.8 24.9 Production 2.6 1.3 8.6 Farm Inputs 0.3 0.2 0.8 Proc. & Mark. 2.4 1.9 4.9 Whol.& Retail 10.1 10.1 10.1 FARM CHARACTERISTICS 1987 Census of Agriculture TOTAL LAND AREA (million acres) 2,265.1 TOTAL FARMLAND (million acres) 964.5 of total land area 42.6% CROPLAND (million acres) 443.3 of total farmland 46.0% irrigated 10.0% in pasture 6.7% in Fed. farm program 4.5% in Conservation Reserve 1.0% WOODLAND (million acres) 79.9 of total farmland 8.3% in pasture 4.2% PASTURELAND (million acres) 410.3 of total farmland 42.5% OTHER LAND (million acres) 30.9 of total farmland 3.2% AVERAGE FARM SIZE (acres) 462.0 FARMS BY SIZE 1 to 99 acres 43.4% 100 to 499 acres 38.9% 500 to 999 acres 9.6% 1,000 to 1,999 acres 4.9% 2,000 or more acres 3.2% FARMS BY SALES Less than $50,000 75.5% $50,000 to $99,999 10.4% $100,000 to $499,999 12.6% More than $500,000 1.5% TENURE OF FARMERS Full owner (farms) 1,244,528 Percent of total 59.6% Part owner (farms) 605,010 Percent of total 29.0% Tenant (farms) 238,212 Percent of total 11.4% FARM ORGANIZATION Individuals/family corporations (farm 1,870,095 Percent of total 89.5% Partnerships (farms) 199,559 Percent of total 9.6% Non-family corporations (farms) 6,198 Percent of total 0.3% Others (farms) 11,907 Percent of total 0.6% Avg. Operator Age (yrs.) 52 Perc. w/ farming as their 54.5% principal occupation FARM FINANCIAL INDICATORS Farm Income and Balance Sheet Statement Year 1992 1993 Number of farms 2093840 2064930 Million $ Gross farm income 200215.3 201431.3 Gross cash income 188160.4 197215.9 Farm marketings 171202.4 175052.1 Crops 84852.8 84497.4 Livestock 86349.7 90554.8 Government payments 9168.9 13402.0 Farm-related income 7789.0 8761.8 Noncash income 7758.5 7860.5 Inventory adjustment 4293.6 -3645.0 Total production exps. 150138.9 158030.0 NET FARM INCOME 50073.5 43401.3 Gross cash income 188160.4 197215.9 Cash expenses 130771.5 138697.5 NET CASH INCOME 57388.9 58818.4 FARM ASSETS 842200.0 861500.0 Real estate 623200.0 633100.0 Nonreal estate 210000.0 228400.0 FARM DEBT 138800.0 138600.0 Real estate 74500.0 75000.0 Nonreal estate 64300.0 63600.0 EQUITY 703500.0 722900.0 RATIOS Ratios Debt/equity 19.7 19.2 Debt/assets 16.5 16.1 TOP 5 AGRICULTURE COMMODITIES, 1993 % of US Commodity Tot.Val. 1. Cattle and calves 22.8 2. Dairy products 11.0 3. Corn 8.0 4. Soybeans 6.6 5. Hogs 6.2 All Commodities TOP 5 AGRICULTURE EXPORTS, ESTIMATES, 1993 Value Commodity Million $ 1. Feed grains and products 6,487.9 2. Soybeans and products 6,114.6 3. Wheat and products 5,014.6 4. Other 4,296.3 5. Live animals, meat, ex. 3,745.5 Overall 42,589.8 TOP 5 COUNTIES IN AGRICULTURAL SALES 1987 1. FRESNO, CA 2. KERN, CA 3. TULARE, CA 4. WELD, CO 5. PALM BEACH, FL DATA SOURCES: - Local Area Unemployment Statistics, county data, Bureau of Labor Statistics. - Regional Economic Information System, May 1992, Bureau of Economic Analysis, U.S. Department of Commerce. - 1990 Census of Population, Bureau of the Census, U.S. Department of Commerce. - Economic Indicators of the Farm Sector: State Financial Summary, Economic Research Service, USDA. Contact People: Tom Carlin Tim Parker Phone Number: 202-219-0520 202-219-0541 E-Mail Address: TCarlin@ERS.BITNET TParker@ERS.BITNET For Electronic File of Data: Send E-Mail to: LISTSERV@ERS.BITNET In the body of the note, type this command on a single line: GET US DATA Or, if you would like to get our README file: GET README STATEFAC Prepared by: ECONOMIC RESEARCH SERVICE, USDA, Washington, DC