The value added in the U.S. agriculture, forestry, and fishing sector is forecasted to decline over the next five years. From a value of -5.31 in 2024, it is expected to decrease progressively to -7.25 by 2028. This represents a consistent negative growth trend with year-on-year declines. Compared to 2023, where the value added stood at -4.82, the sector shows continued contraction, suggesting significant challenges that may include decreased demand, price volatility, or environmental constraints. The compound annual growth rate reflects a continuing downward trajectory.
Future trends to watch for include potential technological advancements aimed at increasing efficiency, policy changes impacting sector dynamics, and environmental shifts affecting production capacities. Monitoring these factors is critical for understanding the long-term outlook of the sector.
