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Economic News, Data and Analysis

Turkey Day

Who knew we import turkeys?

Center for American Progress Budget Blog � Archive � High-class Turkey: In-fowl-uable
High-class Turkey: In-fowl-uable
Posted November 21, 2006 at 3:32 p.m. by James Lin
In anticipation of the upcoming holiday season, we thought it would be interesting to check out the market for turkeys. A few excerpts taken from the US Census Bureau, in 2005 dollars:
* $3.2 billion – value of all turkeys produced in the US in 2005
* $5.7 million – value of US imports of live turkeys in the first half of 2006 (96% of which were from Canada)
* $900,000 – value of US trade deficit in live turkeys in the first half of 2006
In comparison, in the number of federal dollars spent in 2005:
$3.846 billion – US Postal Service
$3.405 billion – Army Reserve pay
$3.134 billion – Substance Abuse and Mental Health Services
$3.000 billion – Millenium Challenge Corporation
$2.568 billion – DD(X) Navy Destroyer
$2.308 billion – Annual Budget, Department of Justice
Naturally, the next step is to find the value of all turducken produced in the US. Or even “bustergophechideckneaealckideverwingailusharkolanine” (I’m not making that up).

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Filed under: Economics

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