This release includes the first estimates of 2008 calendar year national and State farm income that incorporate farm survey data specific to the 2008 calendar year. The release also includes revised estimates of farm income for 2007 and earlier years that reflect the availability of new data from the 2007 Census of Agriculture and USDA's official national and State estimates program.
The Farm Income and Costs briefing room provides indicators of economic performance for the U.S. farm sector and major crop and livestock farm groups. Farm balance sheet estimates are used by USDA and other public and private sector clients to form a perspective about the financial health of the U.S. agricultural economy. Distributional analyses identify sub-sectors and business types that are performing well relative to past trends and to other groups and types of farms. Identification of these businesses enables analysts to more closely examine factors contributing to financial performance, such as assessment of debt-repayment difficulties of specific farm types, industry sub-sectors, and regions of the country.
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