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ECONOMIC

Report - The American Presidency Project

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192919331939Year orquarter19401941 . ..1942194319441945 . . .19461947194819491950195119521953 . ...195419551956195719581959.19601961196219631964 .19651966196719681969 . .1970 . ..19711972.1973197419751976*1974: 1 ..II...IllIV. . .1975: 1II.. ....IllIV1976: 1IIIIIFromallsourcesAGRICULTURETABLE B-89.—Income of farm people and farmers, 1929-76Personal incomereceived by totalfarm population7.47.610.114.116.516.617.220.021.123.819.520.322.722.019.718.317.517.617.519 217.518.419.019.720.019.822.623.822.924.126.927.428.734.448.645.145.544.0Fromfarmsources 1[Quarterly data at seasonally adjusted annual rates]4.84.86.810.112.112.212.815.515.818.013.314.116.115.313.312.411.311 110.812 510.411.111.411 411.010.012 012.611.111.312.913.013.416.829.023.522.820.0Fromnonfarmsources 22.62.83.33.94.44.44.44.65.35.86.26.36.56.76.45.96.26 66.66.77.17.27.68 39.09.710.611.211.712.813.914.415.317.619.521.522.724.0Realized grossTotal *Billions of dollars13.97.110.611.113.918.823.424 425.829.534.134.731.632.337.136.835.133.733.334 434.238 137.938.540.241 742.743.145 550.649.951.756.358.660.670.195.5100.298.2106.897.597 099.588.499.6105.299 6101.5111 1103.311.35.37.98.411.115.619.620.521.724.829.630.227.828.532.932.531.029.829.530 429.733 533.634.235.236 537.537.339.443.442.844.248.250.552.961.287.192.689.699.490.089.391.780.091.196.590.892.4101 893.8Income received from farming7.74.46.36.97.810.011.612.313.114.517.018.818.019.522.322.821.521.822.222.723.725.827.227.428.630.331.631.833.736.538.239.542.144.447.452.365.672.475.572.671.572.772.873.476.176.875.779.082.581.5Net to farmoperatorsCashreceiptsfrommarketingsProductionexpensesExcludingnetinventorychange6.32.74.34.26.18.811.812.112.815.017.115.913.612.814.814.013.611.911.111 710.512 310.711.111.611 411.111.311.914.011.712.214.214.113.217.829.927.822.734.226.024.326.715.023.528.423.922.528.621.8Includingnetinventorychange 46.22.64.44 56.59.911.711 712 315.115.417.712.813.615.915.013.012.411.311 311.113 210.711.512.012 111.810.512.914.012.312.314.314.214.618.733.326.525.632.725.224.323.818.524.830.029.122.525.620.8Net income perfarm includingnet inventorychangeCurrentdollarsDollars9453796857061,0311,5881,9271 9502,0632,5432,6153,0442,2332,4172,9362,8782,6042,5792,4292,4932,5363,1112,6152,9073,1263,2673,2953,0353,8434,2863,9034,0134,7664,7905,0306,50411,7279,3719,10011,5508,9008,5908,4106,5908,83010,68010,3608,1009,2107,4901967dollars *1,9691,1151,8511 8582,5783,4523,7063 6113 6194 0373,5343,9032,9773,1803,5373,4263,1003,0702,8922 9332,8823 4962,9383,2303,4733 5903,5823,2634,0454,3733,9033,8594,3724,2024,2635,2888,8176,2065,4828,0805,9305,5805,3204,0705,3806,3206,0604,7105,3004,2301 Net income to farm operators including net inventory change, less net income of nonresident operators, plus wages andsalaries and other labor income of farm resident workers, less contributions of farm resident operators and workers tosocial insurance.2 Consists of income received by farm residents from nonfarm sources, such as wages and salaries from nonfarm employment,nonfarm business and professional income, rents from nonfarm real estate, dividends, interest, royalties,unemployment compensation, and social security payments.3 Cash receipts from marketings, Government payments, and nonmoney and other farm income furnished by farms(excluding net inventory change).* Includes net value of physical change in inventory of crops and livestock valued at average prices for the year.1 Income in current dollars divided by the index of prices paid ty farmers for family living items on a 1967 base.Source: Department of Agriculture.290

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