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SOURCE American Pistachio Growers
Arizona, New Mexico pistachio growers emerge as important contributors to state economies
FRESNO, Calif., March 5, 2018 /PRNewswire/ -- Pistachio growers and processors create nearly $3.6 billion in economic output in the state of California, generating jobs and spending across multiple sectors of the state's economy, according to a new economic impact study announced today at the 11th Annual Pistachio Industry Conference by American Pistachio Growers.
"These findings demonstrate how important a role pistachio growers and processors play in strengthening the economic climate of the state," said Dennis Tootelian of Sacramento-based consulting firm Tootelian & Associates, which specializes in economic impact studies. "Their activities are diffused throughout California's economy, touching nearly every aspect of life in the state."
Among the report's findings:
"This analysis quantifies the impact that pistachio growers and processors have on the lives and businesses of Californians in every corner of this state," said Richard Matoian, executive director of American Pistachio Growers, which commissioned the study. "The economic activity, jobs, wage income and purchasing power which spring from this industry improve lives and help California prosper. In cities and suburbs far removed from the more than 250,000 acres of California farmland that produce pistachios, the positive impact of these growers and processors is felt every day."
The study's analyses were based on an annual net total spending by the growers and processors, which means that the economic impact reported in the study is expected to occur each year, given the same level of spending.
The study utilized data from a variety of sources, including the California Department of Food and Agriculture, U.S. Department of Agriculture, U.S. Bureau of the Census, U.S. Bureau of Labor Statistics, University of California and American Pistachio Growers.
Pistachios Represent Growing Sector of Arizona and New Mexico State Economies
American Pistachio Growers also announced the findings of a study it commissioned by Arizona State University's Seidman Research Institute to estimate the economic impact of pistachio growers and processors in the states of Arizona and New Mexico.
In Arizona, researchers estimated the total economic output of pistachio farming at $31.3 million by state, 303 jobs and $13.3 million in labor income. In addition, the study found that the industry in Arizona is responsible for more than $2.3 million in direct and indirect state and local taxes.
In New Mexico, the total economic output of pistachio farming on that state's economy is estimated at almost $7.1 million by state, 89 jobs and $3.1 million in labor income. The study found that the industry in New Mexico is responsible for $543,104 in direct and indirect state and local taxes.
A crop that adapts well to scarce water supplies, pistachio orchards flourish in California's driest counties and the high deserts of Arizona and New Mexico. It is estimated the average pistachio farm size in California is 180 acres, with 100 acre and 50 acre farms in Arizona and New Mexico, respectively.
About American Pistachio Growers
American Pistachio Growers is a voluntary trade association representing members who are pistachio growers, processors and industry partners in California, Arizona and New Mexico. For more information, visit AmericanPistachios.org.
CONTACT: Judy Hirigoyen
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