Commodity Production and Value Report slide image

Commodity Production and Value Report

Value Added Contributions Value Added By the Aggregate Agricultural Sector in AR, 2018 Contribution Value % of Total % of State Area (Millions) Contribution Total Direct $10,647 50.9 8.2 Indirect $5,026 24.0 3.9 Induced $5,265 25.1 4.0 TOTAL $20,937 100.0 16.1 The far-reaching contributions of agriculture are seen in the distribution of Value Added throughout the economy. Value Added Generated by Ag in Top Five NAICS Industries' Value Industry (Millions) Manufacturing $8,101 Agriculture, Forestry, Fishing, and Hunting $2,698 Wholesale Trade $1,917 Real Estate Rental and Leasing $1,394 Transportation and Warehousing $906 Top Five Total $15,016 (71.7% of all Value Added generated by Agriculture) Source: IMPLAN, 2019; English, Popp, and Miller, 2020b. "Value added is the sum of employee compensation, proprietary income, other property type income and indirect business taxes. This includes contributions generated by agricultural production and processing, but excludes retail sales. "Groupings based on the U.S. Census Bureau's 2-digit North American Industry Classification System (NAICS) aggregation. 23
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