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Fertilizer Institute announces first of its kind economic impact study that quantifies the fertilizer industry’s contribution to the U.S. economy

[/title][fusion_text]Tuesday, April 19th 2016

The Fertilizer Institute announced the release of a first of its kind economic impact study that quantifies the fertilizer industry’s contribution to the U.S. economy. The study, conducted by John Dunham and Associates, found that the fertilizer industry contributed over $162 billion and 515,900 jobs to the U.S. economy in 2014. The entire fertilizer industry directly employs nearly 85,000 people who produce over $68 billion in output. The nation’s fertilizer retailers alone support in excess of 43,000 jobs with a total annual payroll of $23 billion. Fertilizer manufacturers and wholesalers combined contribute another 41,000 jobs with a combined annual economic impact of $46 billion.

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