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The 2024 total gross state product for Illinois was $1.132 trillion, placing it fifth in the nation. The 2021 median household income was $72,205, one of the nation's highest. [10] In 2016, the nine counties of the Chicago metropolitan area accounted for 77.3% of the state's total wages, with the remaining 93 counties at 22.7%. [11]
The US is the world's largest producer of corn. [8] According to the United States Department of Agriculture (USDA), the average U.S. yield for corn was 177 bushels per acre, up 3.3 percent over 2020 and a record high, with 16 states posting state records in output, and Iowa reporting a record of 205 bushels of corn per acre.
In the Asia-Pacific region, where burgeoning population growth conflicts with burgeoning space requirements for agriculture to feed the population, indoor farming is expected to have a compound annual growth rate (CAGR) of 29%, growing from a 2021 value of US$0.77 billion to a 2026 value of US$2.77 billion. [12]
Average mortgage rates edge higher for 30-year and 15-year terms as of Wednesday, December 18, 2024, as the Federal Reserve is set to conclude its final policy session of the year.
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
Illinois counties by GDP (2021) As of 2022, the gross state product for Illinois reached US$1.0 trillion. [151] As of February 2019, the unemployment rate in Illinois reached 4.2%. [152] Illinois's minimum wage will rise to $15 per hour by 2025, making it one of the highest in the nation. [153]
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[69] [70] Farming reached its low point in 1932, but even then millions of unemployed people were returning to the family farm having given up hope for a job in the cities. The main New Deal strategy was to reduce the supply of commodities, thereby raising the prices a little to the consumer, and a great deal to the farmer.