The Economic Importance of Forestry in the South

2014/01/01

James Henderson, Mississippi State University Extension Service; Leslie Boby, Southern Regional Extension Forestry, ASRED; and Bill Hubbard, Southern Regional Extension Forestry, ASRED

Wood Products, Business, Finance, and Economics, and Multiple Use

Forest_Econ_Fact_Sheet_2014.pdf — PDF document, 15832Kb

The forestry and forest products industry substantially impacts the combined economy of the 13 states in the southern region. Not only does forestry have significant direct impacts to the economy, but these industries, through purchase of various goods and services, create more activity and impact other sectors of the economy. These impacts amount to more than $251 billion in total industry output, nearly $106 billion in value added services, almost $54 billion in wages and salaries, and more than a million jobs.

SREF-FE-002
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