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  4. Food Safety Modernization Act (FSMA)
  5. FSMA Inflation Adjusted Cut Offs
  1. Food Safety Modernization Act (FSMA)

FSMA Inflation Adjusted Cut Offs

Implicit Price Deflators for Gross Domestic Product (GDP)

Several FSMA rules have provisions in which a value is adjusted for inflation and averaged over 3 years. We provide the values based on Price Deflators for Gross Domestic Product (GDP) and the average for the most recent 3 years for the applicable rules below. The GDP deflator is not a static number, and changes monthly. We intend to update the values at the beginning of April each year.

  2018 2019 2020 2021 2022
GDP Deflator 110.308 112.345 113.625 118.370 127.224

If you choose to use the information below to determine whether your facility, farm, or other operation (depending on the relevant FSMA rule) had average annual sales/revenue below the most recent adjusted cut-off, you would:

  1. Determine your annual sales and/or revenue information (depending on the FSMA rule) for each of these years: 2020, 2021, and 2022;
  2. Calculate your average annual sales/revenue for those three years;
  3. Compare your three-year average to the value posted in the column titled “Average 3 Year Value for 2020 – 2022.”
 
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