You are here

The Economic Contribution of Forestry and Forest Products - Walthall County

Publication Number: M1691
View as PDF: M1691.pdf

Walthall County

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

Employment and Income Contributions

Forest-related economic activity in Walthall County during 2018 generated 237 jobs and over $8.7 million in income. That’s about 5.0% of jobs and 6.4% 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 $37.4 million, or about 6.4% of economic output in Walthall County. Forest-related value added amounted to over $14.1 million, or about 5.8% 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 $3.13 million in tax revenue for federal, state, and local governments. This represents an estimated tax revenue of $2.20 million for federal and $929,030 for state and local governments.

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

 

Number of Jobs

% of County

Income ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

2

0.04

61,482

0.04

Logging

84

1.78

2,725,158

1.99

Solid Wood Products

99

2.08

4,824,183

3.52

Wood Furniture

0

0.00

0

0.00

Pulp & Paper

0

0.00

0

0.00

Subtotal

185

3.89

7,610,822

5.56

Indirect and Induced Contributions on Sectors

Agricultural Products

1

0.02

36,255

0.03

Resource Services

4

0.07

1,620

0.00

Mining

0

0.00

495

0.00

Utility Services

1

0.02

23,845

0.02

Construction

1

0.01

30,052

0.02

Agricultural Processing

0

0.00

1

0.00

Food Processing

0

0.00

43

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Misc. Manufacturing

5

0.10

75,913

0.06

Petroleum & Chemicals

0

0.00

101

0.00

Glass, Stone, & Clay

0

0.00

1

0.00

Metal Industries

0

0.00

77

0.00

Farm Inputs & Machinery

0

0.00

9

0.00

Machinery & Equipment

0

0.00

0

0.00

Technology Industries

0

0.00

0

0.00

Transportation Equipment

0

0.00

1

0.00

Wholesale & Retail Trade

11

0.22

286,320

0.21

Transport. & Comm. Services

6

0.13

162,597

0.12

Recreation & Amusement

3

0.07

3,348

0.00

Domestic Services

1

0.03

17,494

0.01

Misc. Services

13

0.27

364,735

0.27

Financial & Real Estate

5

0.10

71,001

0.05

Education

1

0.01

6,465

0.00

Health Services

2

0.04

60,072

0.04

Government

0

0.01

24,690

0.02

Subtotal

53

1.11

1,165,137

0.85

TOTAL CONTRIBUTIONS

237

5.00

8,775,959

6.41

Rest of County

4,507

95.00

128,139,475

93.59

Total in County

4,744

100.00

136,915,434

100.00

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

 

Output ($)

% of County

Value Added ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

95,495

0.02

62,653

0.03

Logging

5,479,058

0.94

2,697,100

1.11

Solid Wood Products

25,563,392

4.39

8,853,876

3.63

Wood Furniture

0

0.00

0

0.00

Pulp & Paper

0

0.00

0

0.00

Subtotal

31,137,945

5.35

11,613,628

4.77

Indirect and Induced Contributions on Sectors

Agricultural Products

243,477

0.04

21,794

0.01

Resource Services

31,277

0.01

4,285

0.00

Mining

19,406

0.00

1,419

0.00

Utility Services

406,617

0.07

96,962

0.04

Construction

120,181

0.02

38,628

0.02

Agricultural Processing

45

0.00

2

0.00

Food Processing

208

0.00

65

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Misc. Manufacturing

273,388

0.05

86,688

0.04

Petroleum & Chemicals

2,291

0.00

244

0.00

Glass, Stone, & Clay

16

0.00

1

0.00

Metal Industries

1,112

0.00

108

0.00

Farm Inputs & Machinery

501

0.00

22

0.00

Machinery & Equipment

1

0.00

0

0.00

Technology Industries

0

0.00

0

0.00

Transportation Equipment

58

0.00

2

0.00

Wholesale & Retail Trade

1,483,174

0.25

682,671

0.28

Transport. & Comm. Services

766,859

0.13

220,456

0.09

Recreation & Amusement

44,369

0.01

15,422

0.01

Domestic Services

356,306

0.06

58,001

0.02

Misc. Services

1,033,688

0.18

494,562

0.20

Financial & Real Estate

1,365,779

0.23

709,215

0.29

Education

20,255

0.00

6,326

0.00

Health Services

126,709

0.02

64,594

0.03

Government

28,638

0.00

24,713

0.01

Subtotal

6,324,355

1.09

2,526,180

1.04

TOTAL CONTRIBUTIONS

37,462,300

6.44

14,139,808

5.80

Rest of County

544,275,218

93.56

229,533,788

94.20

Total in County

581,737,518

100.00

243,673,596

100.00

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

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

Total forestland acres, 2018

196,656

Private ownership acres

196,656

Public ownership acres

0

Forestland assessed value, 2018

$6,229,592

Ad valorem tax collections from forestland, 2018

$775,460

Value of standing timber, 2018

$232,049,734

Value of timber harvested, 2019

$9,361,911

Timber severance tax collections (100%), 2019

$35,250

Tax to Forest Resource Development Program (80%)

$28,200

Tax returned to county government (20%)

$7,050

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.


M1691 (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- Walthall 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