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The Economic Contributions of Forestry and Forest Products - Adams County

Publication Number: M1659
View as PDF: M1659.pdf

Adams County

Forestry and forest products are major components of Adams County’s economy. Forest-related economic sectors generate value not only within the forest-related sectors but also in other sectors of the economy. The economic contributions of forest-related sectors and their contributions on other sectors can be estimated using input-output analysis. Using 2018 data, this study estimates the total economic contributions of forestry and the forest products industry to Adams County, Mississippi.

Employment and Income Contributions

Forest-related economic activity in Adams County during 2018 generated 485 jobs and over $22.4 million in income. That’s over 3.0% of jobs and 3.7% of income in the county. Employment is the number of full- and part-time jobs in all sectors of the economy. Income includes all forms of employment income, including employee compensation (wages and benefits) and proprietor income, also referred to as labor income.

Total Output and Value Added Contributions

Forestry and the forest products industry generated over $115.2 million, or about 5.6% of economic output in Adams County. Forest-related value added amounted to over $41.7 million, or about 4.3% of all value added in the county. The value of all goods and services produced is defined as total output. Value added is a portion of total output and represents the creation of new wealth.

Tax Contributions

Forest-related economic activity contributed an estimated $7.73 million in tax revenue for federal, state, and local governments. This represents an estimated tax revenue of $4.84 million for federal and $2.89 million for state and local governments.

Contributions from forest-related sectors on employment and income in Adams County, Mississippi, 2018.

 

Number of Jobs

% of County

Income ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

5

0.03

38,882

0.01

Logging

100

0.62

1,314,641

0.22

Solid Wood Products

100

0.62

2,933,028

0.49

Wood Furniture

3

0.02

164,731

0.03

Pulp & Paper

52

0.32

9,321,439

1.54

Subtotal

260

1.62

13,772,721

2.28

Indirect and Induced Contributions on Sectors

Wholesale & Retail Trade

52

0.32

2,546,631

0.42

Misc. Services

42

0.26

1,171,194

0.19

Misc. Manufacturing

35

0.22

1,029,754

0.17

Transport. & Comm. Services

20

0.13

1,085,263

0.18

Financial & Real Estate

20

0.12

546,808

0.09

Health Services

19

0.12

1,149,269

0.19

Resource Services

19

0.12

249,344

0.04

Government

3

0.02

246,333

0.04

Utility Services

3

0.02

161,633

0.03

Domestic Services

3

0.02

160,161

0.03

Construction

2

0.01

68,095

0.01

Recreation & Amusement

2

0.01

31,521

0.01

Agricultural Products

2

0.01

143,410

0.02

Education

1

0.01

32,981

0.01

Mining

1

0.01

22,230

0.00

Glass, Stone, & Clay

1

0.00

37,207

0.01

Metal Industries

0

0.00

16,878

0.00

Petroleum & Chemicals

0

0.00

16,842

0.00

Food Processing

0

0.00

1,360

0.00

Agricultural Processing

0

0.00

906

0.00

Transportation Equipment

0

0.00

57

0.00

Farm Inputs & Machinery

0

0.00

22

0.00

Machinery & Equipment

0

0.00

6

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Technology Industries

0

0.00

0

0.00

Subtotal

225

1.40

8,717,906

1.44

TOTAL CONTRIBUTIONS

485

3.02

22,490,627

3.73

Rest of County

15,584

96.98

580,839,612

96.27

Total in County

16,069

100.00

603,330,239

100.00

Contributions from forest-related sectors on total output and value added in Adams County, Mississippi, 2018.

 

Output ($)

% of County

Value Added ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

317,523

0.02

41,402

0.00

Logging

6,295,917

0.30

1,346,963

0.14

Solid Wood Products

27,389,985

1.32

6,619,692

0.68

Wood Furniture

542,447

0.03

167,439

0.02

Pulp & Paper

49,631,914

2.40

18,420,802

1.90

Subtotal

84,177,785

4.07

26,596,298

2.75

Indirect and Induced Contributions on Sectors

Wholesale & Retail Trade

9,178,733

0.44

4,689,859

0.48

Misc. Services

3,060,650

0.15

1,664,501

0.17

Misc. Manufacturing

2,213,739

0.11

1,110,804

0.11

Transport. & Comm. Services

3,817,828

0.18

1,677,290

0.17

Financial & Real Estate

5,330,710

0.26

2,731,346

0.28

Health Services

2,448,479

0.12

1,335,807

0.14

Resource Services

360,751

0.02

218,067

0.02

Government

795,229

0.04

436,929

0.05

Utility Services

1,225,748

0.06

417,222

0.04

Domestic Services

995,487

0.05

411,217

0.04

Construction

344,868

0.02

95,498

0.01

Recreation & Amusement

115,371

0.01

61,899

0.01

Agricultural Products

87,842

0.00

32,258

0.00

Education

41,413

0.00

29,835

0.00

Mining

289,814

0.01

22,409

0.00

Glass, Stone, & Clay

375,794

0.02

116,403

0.01

Metal Industries

72,222

0.00

18,830

0.00

Petroleum & Chemicals

309,241

0.01

32,673

0.00

Food Processing

7,148

0.00

1,771

0.00

Agricultural Processing

9,810

0.00

1,045

0.00

Transportation Equipment

418

0.00

61

0.00

Farm Inputs & Machinery

416

0.00

43

0.00

Machinery & Equipment

55

0.00

11

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Technology Industries

0

0.00

0

0.00

Subtotal

31,081,766

1.50

15,105,776

1.56

TOTAL CONTRIBUTIONS

115,259,551

5.57

41,702,075

4.31

Rest of County

1,952,245,063

94.43

926,222,749

95.69

Total in County

2,067,504,614

100.00

967,924,824

100.00

Economic contributions developed using 2018 IMPLAN® software and data (reported in 2020 dollars).

Adams County forestland acreage, ownership, value, and taxes collected.

Total forestland acres, 2018

207,104

Private ownership acres

159,396

Public ownership acres

47,707

Forestland assessed value, 2018

$6,652,641

Ad valorem tax collections from forestland, 2018

$776,895

Value of standing timber, 2018

$552,869,488

Value of timber harvested, 2019

$7,950,759

Timber severance tax collections (100%), 2019

$17,643

Tax to Forest Resource Development Program (80%)

$14,115

Tax returned to county government (20%)

$3,529

Sources: Forestland ownership, acreage, and timber volumes were estimated using the USDA Forest Service, Forest Inventory and Analysis Program, Forest Inventory EVALIDator web application Version 1.8.0.01. Tax collections according to Mississippi Tax Commission and Mississippi Department of Revenue. Timber harvest values according to the Mississippi Harvest of Forest Products Report.


M1659 (100-11-20)

By Shaun M. Tanger, PhD, Assistant Extension Professor, Forestry; Marcus K. Measells, MS, Senior Extension Associate, Forestry; James E. Henderson, PhD, Extension Professor and Head, Coastal Research and Extension Center; and Ian A. Munn, PhD, Associate Dean and Professor, Forestry.

Copyright 2020 by Mississippi State University. All rights reserved. This publication may be copied and distributed without alteration for nonprofit educational purposes provided that credit is given to the Mississippi State University Extension Service.

Produced by Agricultural Communications.

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Extension Service of Mississippi State University, cooperating with U.S. Department of Agriculture. Published in furtherance of Acts of Congress, May 8 and June 30, 1914. GARY B. JACKSON, Director

Department: MSU Extension- Adams County
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Authors

Portrait of Dr. James Emery Henderson
Professor and Head
Forest Economics and Management