Economic Contributions of Florida Agriculture, Natural Resources, Food & Kindred Product...

Economic Contributions of Florida Agriculture, Natural Resources, Food &

Kindred Product Manufacturing, Distribution and Service Industries: 2008 Update

Alan W. Hodges and Mohammad RahmaniUniversity of Florida

Food & Resource Economics DepartmentGainesville, FL

Linkages in a Regional Economy

Parts and transportation

Utilities

LaborExports

Household consumption

Value added remanufacturing

BackwardLinkages

ForwardLinkages

Intermediate Industry

Purchases

Regional input-output models are used to estimate strength of linkages in a local or regional economy (e.g. IMPLAN Professional).

Structure of Florida Agriculture, Natural Resources and Related Industries in 2008

Direct Employment (fulltime & part-time): 1,381,921 Jobs

Industry Output (Sales Revenues):

$133.6 billion

Foreign & Domestic Exports:

$32.5 billion

Total Employment

Impacts: 1,609,139

Jobs

Direct Value Added (Personal & Business Net Income):

$60.9 billion

Total Value Added

Impacts: $76.5 billion

Values in millions dollars (2008)

Source: Implan (MIG, Inc.)

Industry Input

Purchases

Regional multiplier effects

Crop, Livestock, Forestry &

Fishery Production

Mining

Food & Kindred Product

Manufac-turing

Food & Kindred Product

Distribution

Nature-based

Recreation

Agricultural Inputs & Services

Summary of Economic Contributions

Florida Agriculture, Natural Resources, Food and Kindred Product Manufacturing, Distribution and Service Industries in 2008 generated…

$134 billion in direct output or sales revenues.

$29 billion in revenues for other economic sectors due to supply chain and employee spending (multiplier effects).

$163 billion in total output (revenue) impacts.

$33 billion in foreign and domestic exports and sales to Florida visitors.

$61 billion in direct value added or personal and business net income, which represented 8.4 percent of the Gross Domestic Product (GDP) of Florida ($722 billion).

$77 billion in total value added impacts (including multiplier effects).

1.38 million fulltime and part-time jobs, ranking second among major industry groups, and representing 13.7 percent of all jobs in the state.

1.61 million jobs in total statewide employment impacts.

$9.3 billion in indirect business taxes paid to local, state and federal governments.

Agriculture, Natural Resources, Re-lated Manufacturing, Distribution &

Services; 60.88587427884; 8.4%

Construction; 37.296506112; 5.2%

Consumer Services; 22.984948368; 3.2%

Education; 4.032893312; 0.6%

Government; 90.740899047; 12.6%

Health Care; 52.849235456; 7.3%

Households; 50.396914432; 7.0%

Information and Communications; 25.926667632; 3.6%

Manufacturing; 30.855909951; 4.3%

Professional and Technical Services; 87.71568171712;

12.1%

Real Estate and Financial Services; 113.607205728;

15.7%

Retail Trade; 46.43744410112; 6.4%

Social Services & Organiza-tions; 9.003215488; 1.2%

Transportation; 20.649125532; 2.9%

Travel and Entertainment Services; 22.64039099072;

3.1%

Utilities; 11.335867616; 1.6%

Wholesale Trade; 34.9091233792; 4.8%

Gross State Product (Value Added) by Major Industry Groups in Florida, 2008 (billions $)

Estimates do not include multiplier effects.Source: Implan (MIG, Inc.)

Agriculture, Natural Resources, Related Manufacturing, Distribution & Services

Construction

Consumer Services

Education

Government

Health Care

Households

Information and Communications

Manufacturing

Professional and Technical Services

Real Estate and Financial Services

Retail Trade

Social Services & Organizations

Transportation

Travel and Entertainment Services

Utilities

Wholesale Trade

0 200,

000

400,

000

600,

000

800,

000

1,00

0,00

0

1,20

0,00

0

1,40

0,00

0

1,381,921

744,109

369,094

107,318

1,181,479

860,920

179,324

190,866

320,846 1,430,518

1,068,266

955,041

329,760

313,627

362,579

24,456

294,001

Employment by Major Industry Groups in Florida in 2008

Economic Contributions of Florida Ag-NR & Related Industry Groups in 2008

Indirect and induced multiplier effects represent supply chain activity and employee household spending.

Source: Implan (MIG, Inc.)

0 10,000 20,000 30,000 40,000 50,000

Value Added (Income) Impacts

Direct

Indirect & Induced

Billion Dollars

Food & Kindred Products Distribution

Crop, Livestock, Forestry & Fisheries Production


Food & Kindred Products Manufacturing

Nature-based Recreation

Forest Products Manufacturing

Mining

Employment Impacts

Direct

Indirect & Induced







Mining

Output (Revenue) Impacts

Direct

Indirect & Induced

Billion Dollars

Source: Implan (MIG, Inc)

Economic Contributions of Florida Ag-NR & Related Commodity Groups, 2008

Environmental Horticulture

Fruit & Vegetable Farming & Processing

Forestry, Wood & Paper Product Manuf.

Livestock & Dairy Farming & Animal Products

Sugarcane Farming, Sugar Refining

Fishing & Seafood Products

Grain & Oilseed Farming & Processing

8,893.3

9,399.0

12,958.9

5,182.6

3,022.8

953.4

469.4

Output (Revenue) Impacts

0 1,000 2,000 3,000 4,000 5,000 6,000

5,598.6

4,681.9

4,420.9

1,075.9

1,018.3

198.7

176.8

Value Added (Income) Impacts

Environmental Horticulture


Forestry, Wood & Paper Product Manuf.

Livestock & Dairy Farming & Animal Products

Sugarcane Farming, Sugar Refining



0 50,000 100,000 150,000

127,192

68,184

64,440

25,007

31,714

10,341

1,380

Employment Impacts

Trends in Employment Impacts of Ag-NR & Related Industry Groups, 2001-08

Estimates include multiplier effects

Note: no data available for 2005.


2001 2002 2003 2004 2005 2006 2007 2008900,000

1,000,000

1,100,000

1,200,000

1,300,000

1,400,000

1,500,000

1,600,000

1,700,000

1,800,000

1,900,000

2,000,000

1,003,342961,456 988,4171,047,971 1,022,024

1,106,4771,027,319

1,252,7741,259,806 1,277,2861,316,426 1,308,729

1,365,377 1,381,921

1,695,2341,687,1531,746,184

1,820,5411,774,877

1,869,541

1,609,139

Total Employment Impacts

Direct Employment

Food & Kindred Products Distribu-tion

Thousand Jobs (full-time & part-time)

2001 2002 2003 2004 2005 2006 2007 20080

50,000

100,000

150,000

200,000

250,000

300,000

22,866 22,043 20,590 25,444 21,73737,207

20,327

48,409 51,815 49,943 54,929 45,850 41,724

39,667

69,825 73,547 77,512 80,141 80,23670,696

46,675

148,588 153,751

184,244

174,727165,849

135,200

79,797

150,512162,287

173,416

185,254200,945

213,274

164,408

251,691262,253

252,062 252,074238,237

264,964

230,946



Food & Kindred Products Manufactur-ing



Mining






Mining


All Ag, NR & Related Sectors

-50% -40% -30% -20% -10% 0% 10% 20%

7%

1%

2%

-2%

0%

10%

-2%

2%

-23%

-13%

-7%

-41%

-34%

-45%

-5%

-14%

Change in Employment Impacts of Florida Ag-NR Industry Groups, 2001-07 vs. 2007-08

2007-08

2001-07

Average Annual Percent Change

Trends in Value Added Impacts of Ag-NR & Related Industry Groups, 2001-06

Values expressed in 2008 dollars using GDP Implicit Price Deflator (US Commerce Dept).

Note: no data available for 2005.



30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

37,646.035,603.040,088.4

42,770.8 44,155.848,618.6

43,991.748,821.248,531.7

54,378.5 55,670.4 56,937.0 58,625.660,885.9

76,667.176,403.3

86,063.090,380.5 89,845.9

93,393.7

76,531.9

Total Value Added Impacts

Direct Value Added

Food & Kin-dred Products Distribution

Billion 2008 Dol-lars

2001 2002 2003 2004 2005 2006 2007 20080

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

1,583.91,681.1 1,716.3 2,023.7 1,982.5

3,401.7

2,289.3

2,851.43,124.8 3,150.33,680.9

2,900.0

2,322.2

2,357.0

4,725.95,315.7

5,875.46,424.9 6,693.0

5,558.3

3,620.4

6,468.97,294.7

8,559.1 8,901.9 9,396.210,419.8

6,902.6

12,065.112,409.8

15,498.414,734.2

14,137.1

11,168.6

8,149.0

11,325.7

10,974.2 11,175.111,844.2

10,581.3

11,904.4

9,221.9




Forest Products Manufac-turing


Mining

2001 2002 2003 2004 2005 2006 2007 20080

2,000

4,000

6,000

8,000

10,000

12,000

14,000

Trend in Exports (Non-Local Sales) by Ag-NR Industry Groups, 2001-08


Food & Kindred Products Manufactur-ing



Forest Products Manu-facturing


Mining

Billion 2008 Dollars

Note: no data available for 2005. Estimates include multiplier effects.Source: Implan (MIG, Inc)

2001 2002 2003 2004 2005 2006 2007 20080

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

39,770

32,244 31,118 33,030

27,684 27,960 25,007

34,906

48,03852,778

47,022

33,01936,837 31,714

86,179 82,01686,493

89,960 91,902 89,407

64,440

88,309

112,013

102,81597,577

93,389

104,082

68,184

123,243 127,115 127,478132,098

150,234

158,829

127,192

Trends in Employment Impacts by Ag-NR Commodity Groups, 2001-08

Environmental Horticulture (nursery & greenhouse, land-scape services)


Forestry, Wood & Paper Product Manufacturing

Sugarcane Farming, Refined Sugar & Confections

Livestock & Dairy Farming & An-imal Products Manufacturing



Thousand Jobs (fulltime & part-time)

Note: no data available for 2005. Estimates do not include multiplier effects.Source: Implan (MIG, Inc).

2001 2002 2003 2004 2005 2006 2007 20080

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000Trends in Direct Employment in Major Florida Industries, 2001-08


Agriculture, Natural Resources, Re-lated Manufacturing & Services


Retail Trade

Health Care

Construction

Manufacturing

Households


Government

Wholesale Trade

Consumer Services

Transportation

Education


Utilities


Thousands Jobs (full-time, part-time)

Agriculture, Natural Resources, Related Manufacturing & Services

Construction

Consumer Services

Education

Government

Health Care

Households


Manufacturing



Retail Trade


Transportation


Utilities

Wholesale Trade

All Industries

-20% -15% -10% -5% 0% 5% 10%

Change in Employment of Florida Industry Groups,2001-07 vs. 2007-08

2007-08

2001-07Average Annual Percent Change

Value Added and Employment Impacts of Ag-NR & Related Industries in Florida Regions in 2008

Pensacola

Panama City

Tallahassee

Gainesville

Jacksonville

Orlando

Tampa, St.Petersburg

Sarasota,Bradenton

Miami,Fort Lauderdale

Regions defined according to BEA functional economic areas (U.S. Commerce Dept.).

Estimates include multiplier effects.

Data Source: Implan (MIG, Inc).Gai

nesvi

lle

Jack

sonvi

lle

Mia

mi-F

ort Lau

derdal

e

Orla

ndo

Panam

a City

Pensa

cola

Saras

ota-B

raden

ton

Talla

hasse

e

Tampa-

St. Pet

ersb

urg0

100,000

200,000

300,000

400,000

500,000

600,000

53,965

121,859

528,203

401,218

9,02149,527

163,528

37,194

244,624



Mining


Food & Kindred Products Manufactur-ingAgricultural Inputs & Services


Th

ou

san

d J

ob

s (f

ullt

ime,

par

t-ti

me)

0

5,000

10,000

15,000

20,000

25,000

30,000

2,061.2

7,400.1

25,640.5

18,420.1

375.81,992.4

7,102.4

1,556.5

11,982.9

Bill

ion

Do

llars

VA

Gaines

ville

Jack

sonvi

lle

Mia

mi-F

ort Lau

derdal

e

Orlando

Panam

a City

Pensa

cola

Saras

ota-B

raden

ton

Talla

hasse

e

Tampa-

St. Pet

ersb

urg

-5%

0%

5%

10%

15%

20%

25%

30%

35%

Share of Economic Activity for Ag-NR and Related Indus-tries in Florida Regions, 2008

Value Added

Employment

Exports

Estimates include multi-plier effects


MIAMI-DADE

HILLSBOROUGH

ORANGE

PALM BEACH

BROWARD

DUVAL

PINELLAS

POLK

LEE

COLLIER

MANATEE

VOLUSIA

SEMINOLE

BREVARD

SARASOTA

MARION

ALACHUA

PASCO

ST. LUCIE

ESCAMBIA

0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 200,000

176,557

138,598

130,733

130,314

127,661

82,336

80,907

66,048

46,377

38,970

38,891

33,614

32,995

30,969

27,456

24,720

22,195

22,128

21,914

21,215

Employment Impacts of Ag-NR and Related Industries in Twenty Top-Ranked Florida Counties, 2008

Thousand Jobs (fulltime & part-time)



Technical report available at http://edis.ifas.ufl.edu/fe829Economic Contributions of Florida Agriculture, Natural Resources, Food & Kindred Product Manufacturing, Distribution and Service Industries in 2008 (Feb. 2010).

Other reports and Florida industry economic data available at http://economicimpact.ifas.ufl.edu

Author contact information: Alan W. Hodges, 352-392-1881 x312; [email protected] Mohammad Rahmani, 352-392-1881 x315; [email protected]

http://edis.ifas.ufl.edu/fe829

http://economicimpact.ifas.ufl.edu/

http://economicimpact.ifas.ufl.edu/

mailto:[email protected]

mailto:[email protected]

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