The International Dairy Foods Association says the economic impact of the dairy sector in the U.S. increased by more than $40 billion the past two years.
Matt Herrick tells Brownfield the organization’s biannual report Dairy Delivers showed growth at the end of last year for all sectors with a total economic impact of nearly $794 billion.
“Our sector is just an engine for this U.S. economy,” he says. “We are just a significant contributor to GDP, to jobs, to wages, to the tax base in states and the national economy.
Dairy sector impact valued at nearly $794 billion