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A farm in Marquette County. Agriculture is a significant sector in Wisconsin's economy, producing nearly $104 billion in revenue annually. [1] The significance of the state's agricultural production is exemplified by the depiction of a Holstein cow, an ear of corn, and a wheel of cheese on Wisconsin's state quarter design. [2]
An economic impact analysis only covers specific types of economic activity. Some social impacts that affect a region's quality of life, such as safety and pollution, may be analyzed as part of a social impact assessment, but not an economic impact analysis, even if the economic value of those factors could be quantified. [2]
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
Wisconsin remains a major national player in the agricultural marketplace, but its loss in farms has been dramatic, particularly the state's signature dairies, according to 2022 data released ...
The Inflation Reduction Act dedicated nearly $20 billion to U.S. Department of Agriculture programs that help farmers protect their operation and reduce its environmental impact. In Wisconsin ...
In contrast, manufacturing, agriculture, agricultural forest, productive forest, and undeveloped land ranked 65th, 63rd, 50th, 48th, 50th largest respectively out of all 72 Wisconsin counties. [21] The dispersal of residential developments is also a factor.
In 1922, the Bureau of Agricultural Economics (BAE), the ERS's immediate predecessor, was established by the merger of the Office of Farm Management and Farm Economics and the Bureau of Markets and Crop Estimates, bringing together responsibility for data collection and economic research/analysis in a single agency. [1]
A Companion to American Agricultural History (Wiley-Blackwell, 2022) Lauck, Jon. American agriculture and the problem of monopoly: the political economy of grain belt farming, 1953-1980 (U of Nebraska Press, 2000). Schapsmeier, Edward L; and Frederick H. Schapsmeier. Encyclopedia of American agricultural history (1975) online