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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]
The market value of Wisconsin's agricultural products in 2022 was $16.7 billion, ... and some farmers may fear that doing so would negatively impact their cash crop. But Silva said there’s ...
The proposed spending includes $15 million for the Purchase of Agricultural Conservation Easements program, created in 2009 to help farm owners and communities keep farmland for agricultural use.
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 ...
An economic impact analysis is commonly developed in conjunction with proposed legislation or regulatory changes, in order to fully understand the impact of government action on the economy. The United States Department of Energy economic impact model is one example of this type of application. [ 16 ]
By 1915, Wisconsin had become the leading state for dairy production, only being surpassed by California in 1993. [1] As of 2018, Wisconsin ranks second in the United States in dairy production, [2] with over 7000 dairy farms that produce 2.44 billion pounds (1.11 × 10 ^ 9 kg) of milk per month. [3]
Wisconsin ranks as 40th-best state economy in the U.S. Wisconsin ranked as the 40th-best state economy in the U.S., including the District of Columbia, according to the WalletHub report.
The IMPLAN input-output model is a quantitative economic software, technique, or data that facilitates analysis of spending. [1] This analytic tool, created by the U.S. Forest Service and the University of Minnesota, uses the Bureau of Economic Analysis (BEA) input-output criterion combined with other data to compile tables that identify cash flows between different sectors of the economy.