AMI: Feeding the U.S. Economy

News
Feb 21, 2014
by WLJ

• In 2010, more than 487,600 workers were employed in the meat and poultry packing and processing industries. Their combined salaries total more than $19 billion.

• Through its production and distribution linkages, the meat and poultry industry impacts firms in all 509 sectors of the U.S. economy, in every state and every congressional district in the country.

• In all, companies involved in meat production, along with their suppliers, distributors, retailers and ancillary industries employ 6.2 million people in the U.S. with jobs that total $200 billion in wages.

• Through direct taxes paid, these companies and their employees provide $81.2 billion in revenues to federal, state and local governments. The consumption of meat and poultry generates $2.4 billion in state sales taxes.

• The meat and poultry industry’s economic ripple effect generates $864.2 billion annually to the U.S. economy, or roughly 6 percent of the entire GDP.

• In 2009, meat and poultry industry sales totaled $154.8 billion.

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