You are here

The Economic Contribution of Forestry and Forest Products - Perry County

Publication Number: M1734
View as PDF: M1734.pdf

Perry County

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

Employment and Income Contributions

Forest-related economic activity in Perry County during 2018 generated 1,038 jobs and over $64.9 million in income. That’s about 29.3% of jobs and 51.3% 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 $407.3 million, or about 58.8% of economic output in Perry County. Forest-related value added amounted to over $134.3 million, or about 54.3% 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 $22.59 million in tax revenue for federal, state, and local governments. This represents an estimated tax revenue of $15.59 million for federal and $7.00 million for state and local governments.

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

 

Number of Jobs

% of County

Income ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

5

0.13

134,485

0.11

Logging

115

3.25

6,270,540

4.96

Solid Wood Products

285

8.04

19,022,213

15.04

Wood Furniture

0

0.00

0

0.00

Pulp & Paper

341

9.62

31,063,316

24.56

Subtotal

745

21.03

56,490,553

44.67

Indirect and Induced Contributions on Sectors

Wholesale & Retail Trade

58

1.63

1,476,791

1.17

Misc. Services

56

1.59

1,652,093

1.31

Misc. Manufacturing

45

1.28

934,795

0.74

Transport. & Comm. Services

41

1.16

1,537,537

1.22

Financial & Real Estate

29

0.81

286,930

0.23

Health Services

26

0.74

1,217,604

0.96

Resource Services

13

0.36

556,999

0.44

Utility Services

7

0.20

249,329

0.20

Construction

7

0.19

206,579

0.16

Domestic Services

4

0.10

91,624

0.07

Recreation & Amusement

3

0.09

13,675

0.01

Government

2

0.07

170,159

0.13

Agricultural Products

0

0.00

0

0.00

Education

1

0.03

27,809

0.02

Mining

0

0.01

1,116

0.00

Metal Industries

0

0.00

2,544

0.00

Petroleum & Chemicals

0

0.00

1,256

0.00

Food Processing

0

0.00

192

0.00

Glass, Stone, & Clay

0

0.00

71

0.00

Transportation Equipment

0

0.00

0

0.00

Agricultural Processing

0

0.00

0

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Farm Inputs & Machinery

0

0.00

0

0.00

Machinery & Equipment

0

0.00

0

0.00

Technology Industries

0

0.00

0

0.00

Subtotal

292

8.25

8,427,101

6.66

TOTAL CONTRIBUTIONS

1,038

29.28

64,917,654

51.33

Rest of County

2,507

70.72

61,544,783

48.67

Total in County

3,544

100.00

126,462,437

100.00

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

 

Output ($)

% of County

Value Added ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

229,271

0.03

138,516

0.06

Logging

9,991,097

1.44

6,234,364

2.52

Solid Wood Products

89,053,966

12.85

36,117,163

14.58

Wood Furniture

0

0.00

0

0.00

Pulp & Paper

270,003,467

38.96

75,738,290

30.58

Subtotal

369,277,801

53.28

118,228,334

47.73

Indirect and Induced Contributions on Sectors

Wholesale & Retail Trade

6,253,999

0.90

2,679,455

1.08

Misc. Services

4,499,462

0.65

2,328,126

0.94

Misc. Manufacturing

2,956,011

0.43

1,036,320

0.42

Transport. & Comm. Services

5,841,259

0.84

2,006,547

0.81

Financial & Real Estate

9,396,329

1.36

4,661,991

1.88

Health Services

2,899,456

0.42

1,383,636

0.56

Resource Services

562,010

0.08

467,416

0.19

Utility Services

3,095,228

0.45

825,175

0.33

Construction

1,052,123

0.15

256,227

0.10

Domestic Services

892,978

0.13

223,238

0.09

Recreation & Amusement

63,266

0.01

26,085

0.01

Government

365,056

0.05

219,193

0.09

Agricultural Products

0

0.00

0

0.00

Education

56,542

0.01

29,355

0.01

Mining

68,598

0.01

3,925

0.00

Metal Industries

7,807

0.00

3,037

0.00

Petroleum & Chemicals

11,269

0.00

2,466

0.00

Food Processing

1,429

0.00

306

0.00

Glass, Stone, & Clay

479

0.00

77

0.00

Transportation Equipment

431

0.00

0

0.00

Agricultural Processing

0

0.00

0

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Farm Inputs & Machinery

0

0.00

0

0.00

Machinery & Equipment

0

0.00

0

0.00

Technology Industries

0

0.00

0

0.00

Subtotal

38,023,730

5.49

16,152,574

6.52

TOTAL CONTRIBUTIONS

407,301,531

58.77

134,380,907

54.25

Rest of County

285,758,088

41.23

113,320,797

45.75

Total in County

693,059,619

100.00

247,701,704

100.00

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

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

Total forestland acres, 2018

358,150

Private ownership acres

198,893

Public ownership acres

159,257

Forestland assessed value, 2018

$7,092,220

Ad valorem tax collections from forestland, 2018

$725,321

Value of standing timber, 2018

$424,158,462

Value of timber harvested, 2019

$24,534,121

Timber severance tax collections (100%), 2019

$92,627

Tax to Forest Resource Development Program (80%)

$74,101

Tax returned to county government (20%)

$18,525

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.


M1734 (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- Perry 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