Agriculture and forestry contribute $70.4 billion annually to Alabama’s economy and account for 22% of the state’s workforce, according to a study released today.
“The findings from this study are a powerful tool for our industry,” said Leigha Cauthen, executive director of the Alabama Agribusiness Council. “This research highlights the importance of agriculture to our state’s economy by providing reliable and credible facts we can use as advocates for the state’s farmers, agribusinesses and rural landowners.”
The report titled “Economic Impacts of Alabama’s Agricultural, Forestry, and Related Industries” was a collaborative effort of the Agribusiness Council, Alabama Cooperative Extension System, Auburn University and other businesses and organizations. It revealed that, in addition to remaining Alabama’s largest economic engine, agriculture and forestry are the state’s second largest employer.
According to the study, every $1 million in direct sales of Alabama agricultural and timber products generates 10 jobs.
Extension System Director Gary Lemme said the report shows how agricultural research, education and outreach pay dividends for the state. “Aside from providing a detailed picture of this sector of Alabama’s economy, the study’s findings also underscore the strong case for continued investment in agriculture and forestry,” Lemme said.
From Auburn University: https://wireeagle.auburn.edu/news/4945