Farm Income & Expenses (Archives, 1969-2022)
Database Detail
| Name | Farm Income & Expenses (Archives, 1969-2022) |
| Summary | Estimates of farm gross income and production expenses and of several different measures of net farm income |
| Additional Background |
The source for these data, the Bureau of Economic Analysis, has discontinued the production of this database. We are searching for a replacement and will update as soon as possible.
This database provides detailed estimates of farm gross income and production expenses and of several different measures of net farm income. All figures are in thousands of current dollars. Estimates for 2001 forward reflect the results of the comprehensive revision to the national income and product accounts (NIPAs) released in July 2013. This will create a temporary break in BEA's time series for earlier years.
Farm gross income consists of estimates for several items: Cash receipts from the marketing of crops and livestock; income from other farm-related activities, including recreational services and the sale of forest products; government payments to farmers; the value of food and fuel produced and consumed on farms; the gross rental value of farm dwellings; and the value of the net change in the physical volume of farm inventories of crops and livestock.
Production expenses (including the expenses associated with farm dwellings) consist of purchases of feed, livestock, seed, fertilizer and lime, and petroleum products; hired farm labor expenses (including contract labor); and all other production expenses, including depreciation, interest, rent, taxes, and the repair and operation of machinery.
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| Geographic Coverage | U.S., States, Counties |
| Periodicity | Annually |
| Series Begins/Ends | 1969 - 2022 |
| Data Source | The Bureau of Economic Analysis |
| Summary | Estimates of farm gross income and production expenses and of several different measures of net farm income |
| Geographic Coverage | U.S., States, Counties |
| Series Begins/Ends | 1969 - 2022 |
| Reporting Period | Annually |
| Updated | Jun. 12, 2024 |
| Estimated next update | Jun. 15, 2025 |
| Original Source | The Bureau of Economic Analysis |
| Sample File | Sample_CSV__Farm_Income__Expenses.zip |
| Number of records | 495,979 |
| Values Missing or Not Reported | 49.9% |
| File Size | 91.6MB |
| Latest data available | Year 2022 |
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Source (APA): |
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The source for these data, the Bureau of Economic Analysis, has discontinued the production of this database. We are searching for a replacement and will update as soon as possible.
This database provides detailed estimates of farm gross income and production expenses and of several different measures of net farm income. All figures are in thousands of current dollars. Estimates for 2001 forward reflect the results of the comprehensive revision to the national income and product accounts (NIPAs) released in July 2013. This will create a temporary break in BEA's time series for earlier years.
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APA
Format or style, from the American Psychological Association, is commonly used for footnotes in behavioral and social science publications. APA citation is an author-year-system. It is one of the most common styles used and taught at colleges and high schools. See here for more details, including APA formatting for bibliographies.Chicago
Format or style (also known as Turabian), created by the University of Chicago, is commonly used for footnotes in history, business, and fine arts and occasionally in the humanities, sciences, and social sciences. The Chicago style has two systems of citation. The author-date system (most common in social sciences and sciences) cites sources parenthetically in the text. The notes and bibliography system (most common in humanities) cites sources in numbered footnotes or endnotes which correspond to a superscript number in the text. See here for more details, including Chicago formatting for bibliographies.MLA
Modern Language Association (MLA) format or style is most commonly used for footnotes in the language arts, cultural studies, liberal arts, and humanities. MLA uses short parenthetical citations within the text that are linked to an alphabetical list of work cited at the end of the document. MLA commonly cites using this format: author's last name, first name, title, publication, edition or chapter, and year. See here for more details, including MLA formatting for bibliographies.AMA
American Medical Association (AMA) format or style is most commonly used for footnotes in medicine, biomedical research, nursing, dentistry, and other life sciences. AMA uses numerical superscript for citing sources in-text and refers to a list at the end of the work. These references appear in sequential order of when the sources were cited, instead of alphabetical order. See here for more details, including AMA formatting for bibliographies.