A new UC Davis study projects the fourth year of drought in California will cost the overall economy two-point-seven billion dollars. But as Amy Quinton reports from Sacramento, the study’s authors say agriculture remains remarkably resilient despite the drought.
The report finds the agricultural sector will be hit hardest by the drought, losing nearly two billion dollars and more than 10,000 jobs. Farmers will also take 500,000 acres out of production this year. But the report finds agriculture is still fairly robust.