ABOUT THE DASHBOARD
The U.S. food and beverage industries are the connection between the agriculture and grocery retail sectors. In a nutshell, the U.S. food and beverage industries buy raw inputs from farmers and sell final or intermediate products to both consumers and producers. This dashboard provides information on each industry’s production value, revenue, costs and employment. All such information is presented at the U.S. state level.
HOW TO USE THE DASHBOARD
Select one or more states from the drop-down field, and select as many industries to see its value in a particular state or region. You can also click on a state within the map.
VARIABLE DEFINITIONS
Value Added ($): Gross output minus Intermediate inputs. This is the rough definition by the U.S. Census Bureau. The Bureau of Economic Analysis refers to Value Added as Gross Domestic Product.
Revenue ($): Sales and Value of Shipments
Annual Payroll ($): All employees’ salaries, wages, commissions, dismissal pay, bonuses, vacation allowances, sick-leave pay, and employee pension plans during the year. We also add fringe benefits to the annual payroll but such benefits are not disclosed in the survey.
Input Share of Cost: Each input’s cost is divided by the sum cost of materials, payroll, and capital. There are three inputs: materials (brown bar), payroll (yellow bar), and capital (green bar).
No. of Employees: This is the total number of employees. Production workers are part of total employees.
DATA SOURCE
The Annual Survey of Manufacturers (ASM) 2019, the U.S. Census Bureau.
DASHBOARD AUTHORS
Ahmad Wahdat, Jayson Lusk
October 22, 2021