The number of self-employed persons in agriculture, forestry, and seafood in the US is projected to decline steadily from 696,000 in 2024 to 654,000 in 2028. The year-on-year variation reflects a consistent decrease, with the number of self-employed individuals decreasing by approximately 1.6% annually from 2024 to 2028. The compound annual growth rate (CAGR) for this period indicates an overall downward trend. In 2023, the figure stood at approximately 707,000, indicating a significant decline in self-employment within this sector over the forecasted period.
Future trends to watch for include the impact of technological advancements and changing regulatory environments on self-employment viability in these industries. Additionally, environmental policies, global market dynamics, and resource availability will play critical roles in shaping this sector's landscape in the coming years.
