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Re: Re: Re: Re: falling old equipment values
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Posted by Chris-se-ILL on April 14, 2004 at 20:49:20 from (216.174.170.157):
In Reply to: Re: Re: Re: falling old equipment values posted by buickanddeere on April 14, 2004 at 05:37:06:
Do you have a link to the statistics that you say support your argument? I remember not too many years ago reading a report that 14% of the National Economy was a direct result of Agriculture! That included all sorts of things from trucking, fuel, chemicals, fertilizers, seed, equipment... and all the labor and manufacturing jobs to produce all of those things. There are many businesses and jobs that rely on the farming and agricultural production industry! *********** OK, I did some searching and found these facts for you to consider... {quoted from this website: http://www.cpac.missouri.edu/library/reports/ag-saline091998/} United States agriculture accounts for nearly 18 percent of the U.S. Gross Domestic Product (GDP) and over 20 million jobs. Production agriculture produces 2 percent of the GDP and 2.5 million jobs. The industries supplying inputs to agriculture contribute about 2 percent of the GDP and another 2 million jobs. The remaining 14 percent of the GDP and more than 15 million jobs are generated by transportation, storage , processing, manufacturing, and distribution industries. These contribute to the transformation of raw agricultural products into consumer food, fiber, industrial goods, and the service industries which provide goods and services to these industries. In regions where agriculture is a dominant industry, the total economic activity stemming from agriculture may be considerably larger (Anderson, Kim et al.. 1996).
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