ABOUT THE DASHBOARD
This dashboard characterizes the vulnerability of input purchases for each food industry within each U.S. state. It teases out the inputs needed for different food industries, provides the share of the total cost of upstream inputs and labor, and evaluates the risk of an industry based on a diversity score. The score ranges from a value of zero to one, with higher scores indicating less vulnerability.
A higher diversity score means that intermediate input purchases are evenly spread across upstream industries. A lower diversity score means that intermediate input purchases are concentrated in a few upstream industries. The average diversity score is 0.85 across all states and food industries.
The dashboard shows the total dollar amount of vulnerable input purchases for select food industries, and further breaks that down into (i) intermediate inputs and (ii) labor inputs. Within each input category, users can also see the respective upstream industries and labor occupations that are a source of input purchase vulnerability.
The dashboard should help executive decision-makers and policymakers to understand and think about the vulnerabilities of food industries from an input purchase perspective. A shock to any of the upstream industries or labor groups in the dashboard can result in cascading effects, hence potentially affecting food production and food security within a region or the country.
The dashboard is based on a recent study by Ahmad Zia Wahdat and Jayson L. Lusk from the CFDAS and the Department of Agricultural Economics at Purdue University: The Achilles Heel of the U.S. Food Industries: Exposure to Labor and Upstream Industries in the Supply Chain. (November 5, 2021).
Available at SSRN: https://ssrn.com/abstract=3957604
Ahmad Wahdat, Jayson Lusk
November 30, 2021