2008-09 Recession and Recovery Implications for the Growth and Financial Health of U.S. Agriculture

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By Paul Sundell (au); Mathew Shane (au)
Year: 2012
Pages: 22
Binding Paperback
ISBN 978-1-4578-3375-5

Product Code: 1457833751

Description

This report shows that U.S. agriculture was bettered positioned than most U.S. industries entering the recession, was less affected by the recession than most other U.S. industries, and is well positioned to continue to do well in the years ahead. The growing importance of developing countries as markets for U.S. agricultural exports, strong balance sheets in U.S. agriculture going into and coming out of the recession, healthy financial institutions supporting agriculture, and prospects for a continued low real trade-weighted dollar exchange rate are supporting relatively strong growth in the farm sector. These economic and financial factors, along with underlying gains in agricultural research and productivity and in expanding and improving access to markets for farm products, suggest a strong outlook for U.S. agriculture as U.S. and global economies continued their recovery. Tables and figures. This is a print on demand report.

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