USDA releases report on biobased products industry
The new report shows US biobased products industry contributes $369 billion, 4 million jobs to American economy
USDA has released a new report detailing the progress of the US biobased industry which the government agency says is generating substantial economic activity and jobs in the US.
"This report is the first to examine and quantify the effect of the US biobased products industry from an economics and jobs perspective,” said Tom Vilsack, USDA secretary. “Before, we could only speculate at the incredible economic impact of the biobased products industry. Now, we know that in 2013 alone, America's biobased industry contributed four million jobs and $369 billion to our economy."