Wednesday, February 13, 2013

Agriculture plays important role in Utah economy

Agriculture continues to play an important role in Utah’s economy, according to a Utah State University study.

The study found that when taking into account related industries such as food processing, agriculture contributed $17.5 billion to the state’s economy in 2011, or 14.1 percent of the total. It also found that agricultural production and processing directly and indirectly generated about 78,000 jobs and $2.7 billion in compensation.

The study, released Friday at the Utah Department of Agriculture and Food offices, took a broader view of agriculture’s impact than previous studies by examining all related sectors. Insurance Journal