The US economy is now facing a severe brunt after the setting in of the world economic crisis in 2008. Recession is now showing its effect on the farmers. It is feared that the impact might be to the extent of leaving 45,000 jobless and it has the capacity to wipe out almost one-third of the income of the farming community. Indirect International effects would be the cause of the and not the economic changes in the US. According to the report of the US Department of Agriculture the exports of agricultural products might drop to 96 billion dollars in comparison to the prior 117 billion dollar export.
Tag: world economy
Tags: recession, world economy

