Agribusiness Contributes $23.3 Billion To State’s Economy

Via westernfarmpress.com

The economic contribution of Arizona agribusiness (agriculture) to the Grand Canyon State’s economy has pole vaulted to a record $23.3 billion, according to a University of Arizona (U of A) report released Nov. 3 to farmers and ranchers gathered at the 2017 Arizona Farm Bureau annual meeting at Mesa.

The impressive growth spurt represents a 26 percent increase from the $17.1 billion value reported by the U of A in 2011; and a 60-percent plus increase from the university’s $8.8 billion value tabulated in 2000.

The $23.3 billion value is based on 2014 data, and includes sales (output) based on four sectors of agriculture:

 

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