The U.S. Poultry & Egg Assn. (USPOULTRY), National Chicken Council, National Turkey Federation and United Egg Producers have made available an updated economic impact study that highlights the positive impact the poultry industry has on jobs, wages and federal and state revenue in the U.S.
“We are pleased to be able to provide this valuable tool across the industry that demonstrates the positive economic impact the poultry industry has on our nation and communities,” John Starkey, president of USPOULTRY, said.
A dynamic and integral part of the national economy, the 6,344 firms that raise or convert poultry and eggs into products in the U.S. poultry industry provides 1.682 million jobs, $96 billion in wages, $441.15 billion in economic activity and $34 billion in government revenue.
The industry also provides good jobs, paying an annual average of $57,499 in wages and benefits per employee. “In today's economy, every job is important. In fact, in the United States the unemployment rate has reached 4.91%. This means that there are 7.84 million people trying to find jobs across the country,” the report noted.
The industry also generates sizeable tax revenues. Nationally, the industry and its employees pay about $16.31 billion in federal taxes and $7.83 billion in state and local taxes.
According to the study, from farming to manufacturing to trucking to retailing, the poultry industry has a supplier and induced impact of $267.6 billion.
The study breaks down poultry into three subcategories: chicken, turkey and eggs.
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