Quote:
Originally Posted by kane
I have to admit I am a little surprised at how low agriculture is. It takes a lot of food to feed this country. You would think it would take a pretty big industry to grow/raise that food. Unless, of course, we are importing most of it.
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Your intuition is correct. I think it's a matter of definition.
Food expenses make up 9.7% of GDP.
Yet Agriculture makes up 1.4% of gross output by industry.
Food and beverage and tobacco products make up 2.7% of gross out put by industry.
Not sure but I bet the difference is in price to retail. Like maybe restaurant sales are in another category.
So it must be that various parts of the "food chain" total to 9.7% but that the agriculture part - defined as farms, forestry, fishing and "related" is just 1.4%