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Industry NewsNuts & Trail Mixes

Nut and food industries strengthen the U.S. economy

The tenth annual Feeding the Economy report analyzes the sector.

By SF&WB Staff
peanut generic

Photo credit: Pexels / Karolina Kaboompics

March 26, 2026

The Peanut and Tree Nut Processing Association (PTNPA) is among the 35 food and agriculture groups to support the tenth annual Feeding the Economy report, a farm-to-fork study of the entire agricultural supply chain.

The report analyzes the direct and indirect economic contributions of one of America’s most essential industries to U.S. jobs, wages, economic output, and taxes, the org says.

"The nut industry is an economic powerhouse, supporting more than 515,000 jobs and contributing $148.25 billion to the U.S. economy with $10.69 billion in exports annually," says Jeannie Shaughnessy, CEO, PTNPA. "Feeding the Economy magnifies data-backed proof that the entire food and beverage industry is a formidable force for the U.S. economy and global trade."

The 2026 Feeding the Economy report confirms that America’s food and agriculture industries remain a cornerstone of the U.S. economy, generating more than $10.4 trillion in economic value—representing nearly 20% of the overall national economy. This marks an increase of nearly $894 billion year-over-year, reflecting growth across the agricultural value chain amid ongoing inflation pressures, a challenging farm economy, and an uncertain global trade environment. 

America’s food and agriculture sector supports 48.7 million jobs across the economy, including nearly 24.3 million direct jobs in farming, manufacturing, processing, distribution, retail, and foodservice. Direct employment has grown 6.5% over the past decade, though job growth slowed in the past year as parts of the sector faced economic pressures. 

Additional highlights from the 2026 Feeding the Economy report include:

  • Food and agriculture generate more than $3 trillion in wages for American workers, with wages rising 4% year-over-year and 13% over the past decade, generally outpacing inflation.
  • Food manufacturing remains the largest manufacturing sector in the U.S., employing more than 2.28 million workers.
  • U.S. food and agriculture exports totaled more than $177.3 billion, though exports declined by roughly $5.4 billion year-over-year, underscoring the importance of maintaining strong trade agreements and expanding market access for American producers.
  • The food and agriculture sector generates $1.35 trillion in tax revenue for federal, state, and local governments, a 7% increase year-over-year. 

Despite the industry’s continued economic impact, the report reveals several emerging challenges. Direct employment in production agriculture and food manufacturing remained largely flat year-over-year, reflecting pressures on farmers, producers, and rural communities. Export values have also declined in inflation-adjusted terms over the past decade, further demonstrating the importance of stable and reliable international markets for U.S. agriculture. 

See the full Feeding the Economy report here, and see the full PTNPA Nut Numbers Economic Impact Report here.


Related: PTNPA announces West Coast Food Safety Symposium

KEYWORDS: Peanut and Tree Nut Processors Association peanuts report

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