Bureau of Labor Statistics’ Quarterly Census of Employment and Wages (QCEW) show wage and salaried employment in agriculture stabilized in the 2000s and has been on a gradual upward trend since 2010. This chart appears in the Food Prices and Spending section of the USDA, Economic Research Service’s Ag and Food Statistics: Charting the Essentials data product.ĭata from the U.S. In 2022, food spending represented 31.2 percent of the lowest quintile’s income, 13.4 percent of income for the middle quintile, and 8.0 percent of income for the highest quintile. However, despite these large price increases, households’ share of income spent on food in 2022 was lower than in 2019 for the lowest three income quintiles and nearly the same for the highest two income quintiles. Food prices increased 9.9 percent in 2022, the largest annual increase since 1979, and food-at-home (grocery) prices increased 11.4 percent. Food spending as a share of income rose across all income quintiles in 2022 as food prices increased faster than the overall inflation rate. As households gain more disposable income, they often shift to more expensive food options, including dining out. Households in the highest income quintile, with an average after-tax income of $196,794, spent an average of $15,713 on food (about $302 a week) in 2022. households were divided into five equal groups, or quintiles, by household income, households in the lowest income quintile had an average after-tax income of $16,337 and spent an average of $5,090 on food (about $98 a week) in 2022. Households spend more money on food as their incomes rise, but the amount spent represents a smaller share of their overall budgets. Export Competitiveness in Select Crop Markets, March 2023. ![]() This chart is drawn from the USDA, Economic Research Service report, U.S. These countries combined with China, accounted for more than 70 percent of U.S. cotton exports include Vietnam, Turkey, Pakistan, and Mexico. cotton accounted, by value, for 39 percent of cotton imports to China, the top cotton importer in the world. In addition to maintaining the largest share of the aggregate global market, the United States is a key supplier to several top importer markets. Other major competitors in the global cotton market include Australia, India, and the European Union, with 2021 market shares (in terms of value) ranging from 5 to 15 percent each, as well as several exporters from Africa, including Benin, Burkina Faso, and Côte d’Ivoire. exports of cotton totaled nearly 3 million metric tons, 47 percent more volume than the next highest exporter, Brazil. In 2021, the most recent year for which complete global data are available, U.S. exports indicate growth in the long term. cotton exports in 2023 are expected to be lower than 2022 levels, USDA’s 10-year projections for U.S. cotton exports expanded to $8.9 billion in 2022 and, while U.S. The United States is the global leader in cotton exports by value, holding a 33-percent share ($5.7 billion) of the global export market in 2021. ![]() This chart appears on the USDA, Economic Research Service’s National School Lunch Program page within the Child Nutrition Programs topic page. In response, USDA allowed schools to serve free meals through the Summer Food Service Program or the NSLP’s Seamless Summer Option, while the temporary Pandemic Electronic Benefit Transfer program reimbursed eligible families for the value of school meals missed because of these disruptions. The onset of the pandemic in March 2020 interrupted the operations of many schools, disrupting the provision of lunches through the NSLP. This was in large part because of USDA waivers during the Coronavirus (COVID-19) pandemic allowing for meals to be provided free of charge to all students. Compared with previous years, a higher share of the lunches were served for free or at a reduced price in fiscal years 2020 through 2022. Typically, students may be eligible for either a free, reduced-price, or full-price lunch depending on their household’s income. Any student in a participating school can get an NSLP lunch. The USDA’s National School Lunch Program (NSLP) served 4.9 billion lunches in fiscal year 2022, and about 228.9 billion lunches since 1971.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |