From 2024 to 2028, the Value Added of Agriculture, Forestry, and Fishing in the US as a percentage of GDP is forecasted to decline from 0.8% to 0.73%, indicating a downward trend. Comparing 2024 and 2025, a slight drop of 2.5% can be observed. Over five years, the compound annual growth rate (CAGR) reflects a decline, signifying reducing contributions of the sector to GDP.
Future trends to watch for:
- Technological advancements and sustainable practices that could revive sector productivity.
- Impact of policy changes on sector output and global competitiveness.
- Climate change effects on agricultural yields and forestry resources.