You are here

The Economic Contribution of Forestry and Forest Products - Oktibbeha County

Publication Number: M1729
View as PDF: M1729.pdf

Oktibbeha County

Forestry and forest products are a major component of Oktibbeha 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 Oktibbeha County, Mississippi.

Employment and Income Contributions

Forest-related economic activity in Oktibbeha County during 2018 generated 504 jobs and over $19.3 million in income. That’s about 1.7% of jobs and 1.6% 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 $83.7 million, or about 2.4% of economic output in Oktibbeha County. Forest-related value added amounted to over $29.3 million, or about 1.4% 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 $5.27 million in tax revenue for federal, state, and local governments. This represents an estimated tax revenue of $3.50 million for federal and $1.77 million for state and local governments.

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

 

Number of Jobs

% of County

Income ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

3

0.01

152,631

0.01

Logging

70

0.24

1,046,305

0.09

Solid Wood Products

86

0.29

3,293,310

0.28

Wood Furniture

217

0.73

10,419,802

0.88

Pulp & Paper

0

0.00

0

0.00

Subtotal

376

1.26

14,912,048

1.26

Indirect and Induced Contributions on Sectors

Misc. Services

32

0.11

841,049

0.07

Wholesale & Retail Trade

29

0.10

1,265,533

0.11

Misc. Manufacturing

24

0.08

813,477

0.07

Financial & Real Estate

13

0.04

425,185

0.04

Transport. & Comm. Services

7

0.02

181,332

0.02

Health Services

6

0.02

385,450

0.03

Resource Services

4

0.01

52,957

0.00

Government

3

0.01

247,001

0.02

Domestic Services

2

0.01

107,959

0.01

Recreation & Amusement

1

0.00

16,471

0.00

Education

1

0.00

24,262

0.00

Construction

1

0.00

38,196

0.00

Agricultural Products

1

0.00

779

0.00

Utility Services

1

0.00

20,924

0.00

Mining

0

0.00

1,200

0.00

Fabric Mills & Leather

0

0.00

2,601

0.00

Glass, Stone, & Clay

0

0.00

1,386

0.00

Food Processing

0

0.00

427

0.00

Metal Industries

0

0.00

1,013

0.00

Transportation Equipment

0

0.00

372

0.00

Petroleum & Chemicals

0

0.00

28

0.00

Agricultural Processing

0

0.00

56

0.00

Technology Industries

0

0.00

33

0.00

Farm Inputs & Machinery

0

0.00

0

0.00

Machinery & Equipment

0

0.00

0

0.00

Subtotal

127

0.43

4,427,690

0.37

TOTAL CONTRIBUTIONS

504

1.68

19,339,738

1.63

Rest of County

29,388

98.32

1,164,039,157

98.37

Total in County

29,891

100.00

1,183,378,895

100.00

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

 

Output ($)

% of County

Value Added ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

208,271

0.01

153,462

0.01

Logging

3,474,400

0.10

1,131,219

0.05

Solid Wood Products

19,704,233

0.55

5,959,495

0.29

Wood Furniture

43,573,820

1.22

13,674,203

0.66

Pulp & Paper

0

0.00

0

0.00

Subtotal

66,960,724

1.88

20,918,379

1.02

Indirect and Induced Contributions on Sectors

Misc. Services

2,274,795

0.06

1,222,442

0.06

Wholesale & Retail Trade

3,462,305

0.10

1,881,713

0.09

Misc. Manufacturing

1,862,260

0.05

919,727

0.04

Financial & Real Estate

4,524,960

0.13

2,584,085

0.13

Transport. & Comm. Services

972,908

0.03

266,335

0.01

Health Services

684,227

0.02

417,174

0.02

Resource Services

79,602

0.00

46,273

0.00

Government

1,344,991

0.04

543,049

0.03

Domestic Services

795,722

0.02

355,466

0.02

Recreation & Amusement

104,355

0.00

37,218

0.00

Education

43,006

0.00

22,758

0.00

Construction

172,497

0.00

50,000

0.00

Agricultural Products

31,660

0.00

11,225

0.00

Utility Services

336,921

0.01

84,128

0.00

Mining

63,117

0.00

3,448

0.00

Fabric Mills & Leather

13,926

0.00

6,963

0.00

Glass, Stone, & Clay

9,649

0.00

2,683

0.00

Food Processing

2,311

0.00

706

0.00

Metal Industries

3,249

0.00

1,133

0.00

Transportation Equipment

1,490

0.00

390

0.00

Petroleum & Chemicals

861

0.00

62

0.00

Agricultural Processing

602

0.00

68

0.00

Technology Industries

351

0.00

48

0.00

Farm Inputs & Machinery

0

0.00

0

0.00

Machinery & Equipment

0

0.00

0

0.00

Subtotal

16,785,764

0.47

8,457,093

0.41

TOTAL CONTRIBUTIONS

83,746,488

2.35

29,375,472

1.43

Rest of County

3,484,800,159

97.65

2,029,362,212

98.57

Total in County

3,568,546,647

100.00

2,058,737,684

100.00

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

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

Total forestland acres, 2018

241,164

Private ownership acres

204,890

Public ownership acres

36,273

Forestland assessed value, 2018

$5,694,834

Ad valorem tax collections from forestland, 2018

$682,583

Value of standing timber, 2018

$415,284,647

Value of timber harvested, 2019

$8,442,415

Timber severance tax collections (100%), 2019

$23,337

Tax to Forest Resource Development Program (80%)

$18,670

Tax returned to county government (20%)

$4,667

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.


M1729 (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.

Mississippi State University is an equal opportunity institution. Discrimination in university employment, programs, or activities based on race, color, ethnicity, sex, pregnancy, religion, national origin, disability, age, sexual orientation, genetic information, status as a U.S. veteran, or any other status protected by applicable law is prohibited. Questions about equal opportunity programs or compliance should be directed to the Office of Compliance and Integrity, 56 Morgan Avenue, P.O. 6044, Mississippi State, MS 39762, (662) 325-5839.

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- Oktibbeha County

The Mississippi State University Extension Service is working to ensure all web content is accessible to all users. If you need assistance accessing any of our content, please email the webteam or call 662-325-2262.

Select Your County Office

Authors

Portrait of Dr. Shaun Tanger
Assistant Professor
Timber Taxation, Forestry Economics, Forest Management, Forest Finance
Portrait of Mr. Marc Measells
Senior Extension Associate
Portrait of Dr. James Emery Henderson
Professor and Head
Forest Economics and Management