Montana Agricultural Statistics 2003 



Montana Value Added to the U.S. Economy by the Agricultural Sector 



1998 1999 2000 



Million Dollars 



ITEM 



2001 



2002 



Net farni Income 325.0 479.4 276.6 336.7 215.6 



A positive value of inventory change represents current-year production not sold by December 1 . A negative value is an offset to production from prior 

 years included in current-year sales. 



Final sector output is ttie gross value of the commodities and services produced within a year. Net value-added is the sector's contribution to the 



National economy and is the sum of the income from production earned by all factors of production. Net farm income is the farm operator's share of 



income from the sector's production activities. The concept is consistent with that empkjyed by the Organization for Economic Cooperation and 



Development. 



SOURCE: Economic Indicators of the Fann Sector, State Income and Balance Sheet Statistics, UDSA— ERS 



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