Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Economic Contributions of Agriculture, Natural Resources and Food Industries in Palm Beach County, Florida (revised 5/2016)

593 views

Published on

A presentation by Scott W. Barnhart, Associate Professor, Florida Atlantic University and Alan W. Hodges, Extension Scientist, University of Florida Institute of Food and Agricultural Sciences (UF/IFAS) prepared for the Palm Beach International Agricultural Summit, May 4, 2016.

Published in: Economy & Finance
  • Be the first to comment

  • Be the first to like this

Economic Contributions of Agriculture, Natural Resources and Food Industries in Palm Beach County, Florida (revised 5/2016)

  1. 1. Palm Beach International Agricultural Summit May 4, 2016 Economic Contributions of Agriculture, Natural Resources and Food Industries in Palm Beach County, Florida Scott W. Barnhart, Associate Professor, Florida Atlantic University Alan W. Hodges, Extension Scientist, University of Florida/IFAS
  2. 2. Map of Palm Beach County, Florida
  3. 3. Trends in Population and Employment in Palm Beach County, Florida, 1969-2014 Source: U.S. Bureau of Economic Analysis
  4. 4. Percentage Change in Population and Employment in Palm Beach County, Florida, 1969-2014 Source: U.S. Bureau of Economic Analysis
  5. 5. Trend in Per Capita Personal Income in Palm Beach County, Florida Source: U.S. Bureau of Economic Analysis
  6. 6. Direct Employment by Major Industry Groups in Palm Beach County, FL, 2014 Source: IMPLAN Group, LLC
  7. 7. Direct Output (Revenues) for Major Industry Groups in Palm Beach County, FL, 2014 Source: IMPLAN Group, LLC
  8. 8. Source: USDA, Census of Agriculture Characteristics of Agriculture in Palm Beach County, Florida 2007 2012 Percent change Number of Farms 1,263 1,409 +12 Land in farms (acres) 525,658 513,943 -2 Average farm size (acres) 416 365 -12 Market Value of Products Sold (million $) $931.7 $999.0 +7 Average Sales Per Farm $737,712 $709,041 -4
  9. 9. State and National County Rankings of Agricultural Value, Acreage and Inventory in Palm Beach County, Florida, 2012 Item Quantity State Rank U.S. Rank Total value of agricultural products sold ($1000) 999,038 1 30 Value of crops including nursery and greenhouse ($1000) 982,049 1 14 Value of livestock, poultry, and their products ($1000) 16,990 26 1,749 Value of Sales by Commodity Group ($1,000) Other crops and hay 478,819 1 2 Vegetables, melons, potatoes, and sweet potatoes 332,870 1 7 Nursery, greenhouse, floriculture, and sod 154,514 3 11 Grains, oilseeds, dry beans, and dry peas 13,127 1 1,408 Horses, ponies, mules, burros, and donkeys 11,048 2 10 Cattle and calves 3,334 35 2,062 Top Crops (Acres) Sugarcane for sugar 285,304 1 1 Vegetables harvested, all 60,762 1 13 Sweet corn 22,918 1 5 Sod harvested 15,007 1 1 Sugarcane for seed 13,712 1 1 Top Livestock (Inventory) Colonies of bees 15,291 4 45 Cattle and calves 9,333 37 1,986 Horses and ponies 7,007 2 24 Layers 3,249 23 999 Goats, all 1,490 12 324
  10. 10. Industry Output (Revenue) Contributions of Agriculture, Natural Resources and Food Industry Groups in Palm Beach County, 2014 Source: IMPLAN Group, LLC
  11. 11. Employment Contributions of Agriculture, Natural Resources and Food Industry Groups in Palm Beach County, 2014 Source: IMPLAN Group, LLC
  12. 12. Domestic and International Exports of Agriculture, Natural Resources and Food Industry Groups in Palm Beach County, 2014 Source: IMPLAN Group, LLC
  13. 13. Employment Contributions of Food and Fiber Commodity Groups in Palm Beach County, 2014 Source: IMPLAN Group, LLC
  14. 14. Industry Output Contributions of Food and Fiber Commodity Groups in Palm Beach County, 2014 Source: IMPLAN Group, LLC
  15. 15. Trends in Employment Contributions of Agriculture, Natural Resources and Food Industry Groups in Palm Beach County, 2001-14 Source: IMPLAN Group, LLC; Data not available for 2003, 2005
  16. 16. Trends in International Exports of Food and Kindred Products from the Miami-Southeast Florida Port District to World Regions Source: U.S. Census Bureau, USA Trade Online
  17. 17. Summary and Conclusions: Palm Beach County Agriculture • Palm Beach County has experienced high growth in population, jobs and personal income. • Possesses unique land and water resources in the Everglades Agricultural Area and along the eastern Atlantic coast. • Produces the largest value of agricultural crops in Florida, and among the largest in the U.S., lead by sugarcane, vegetables and ornamental plants. • Agriculture is linked to value-added processing and distribution, and exports throughout the world.
  18. 18. Summary and Conclusions: Palm Beach County Agriculture • Agriculture and food industries in 2014 generated: • 158,976 fulltime/part-time jobs, representing 19% of total county employment. • $16.85 billion in industry output. • $9.50 billion in Gross Domestic Product, accounting for 14% of County GDP (including multiplier effects). • Output contributions of ag-food industries grew 42% during 2001-14, or 3.3% annually in inflation-adjusted terms.

×