This publication presents the national farm income statistics, dating back to 1910. The current USDA income series, at the national level, include estimates of net farm income, net cash income, net business income, net cash-flow, and farm production transactions. In 1980, the U.S. Department of...

Average annual food expenditures in urban households rose 59 percent from $985 per person in 1980 to $1,567 in 1992 While per person income rose 94 percent from $6,916 to $13,398. As a result, the percent of household income spent on food declined from 14.2 to 11.7 percent Annual spending per...

Farm operators in the United States operated nearly 1 billion acres of land in 1986. The average farm size was 652 acres. Sixty percent of farms reported debt, with an average of $107,000 per farm at the end of 1986. Farm operators had assets valued at $300,000 per reporting farm, with farm real...