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The Economic Contributions of Forestry and Forest Products - Tishomingo County

Publication Number: M1718
View as PDF: M1718.pdf

Tishomingo County

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

Employment and Income Contributions

Forest-related economic activity in Tishomingo County during 2018 generated 449 jobs and over $20.3 million in income. That’s about 4.9% of jobs and 5.6% 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 $81.8 million, or about 3.8% of economic output in Tishomingo County. Forest-related value added amounted to over $29.8 million, or about 3.8% 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 $5.90 million in tax revenue for federal, state, and local governments. This represents an estimated tax revenue of $3.78 million for federal and $2.12 million for state and local governments.

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

 

Number of Jobs

% of County

Income ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

3

0.03

87,070

0.02

Logging

140

1.52

8,468,850

2.33

Solid Wood Products

78

0.85

2,993,493

0.82

Wood Furniture

69

0.75

2,480,689

0.68

Pulp & Paper

52

0.56

3,286,034

0.90

Subtotal

342

3.71

17,316,135

4.76

Indirect and Induced Contributions on Sectors

Wholesale & Retail Trade

33

0.35

994,865

0.27

Misc. Services

29

0.31

652,313

0.18

Financial & Real Estate

9

0.10

212,476

0.06

Misc. Manufacturing

9

0.10

185,629

0.05

Transport. & Comm. Services

7

0.07

332,787

0.09

Health Services

6

0.07

295,110

0.08

Resource Services

6

0.06

41,772

0.01

Agricultural Products

2

0.02

2,832

0.00

Construction

1

0.02

57,870

0.02

Utility Services

1

0.01

87,974

0.02

Recreation & Amusement

1

0.01

31,440

0.01

Government

1

0.01

77,722

0.02

Education

1

0.01

28,556

0.01

Domestic Services

1

0.01

23,302

0.01

Metal Industries

0

0.00

6,153

0.00

Transportation Equipment

0

0.00

4,363

0.00

Petroleum & Chemicals

0

0.00

1,720

0.00

Glass, Stone, & Clay

0

0.00

798

0.00

Food Processing

0

0.00

298

0.00

Machinery & Equipment

0

0.00

67

0.00

Farm Inputs & Machinery

0

0.00

5

0.00

Technology Industries

0

0.00

0

0.00

Agricultural Processing

0

0.00

2

0.00

Mining

0

0.00

0

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Subtotal

107

1.17

3,038,056

0.83

TOTAL CONTRIBUTIONS

449

4.87

20,354,190

5.59

Rest of County

8,761

95.13

343,681,610

94.41

Total in County

9,210

100.00

364,035,800

100.00

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

 

Output ($)

% of County

Value Added ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

139,141

0.01

89,010

0.01

Logging

12,798,606

0.59

8,237,548

1.04

Solid Wood Products

18,581,082

0.86

5,894,278

0.74

Wood Furniture

12,518,503

0.58

3,192,974

0.40

Pulp & Paper

23,388,191

1.08

5,847,213

0.74

Subtotal

67,425,523

3.11

23,261,022

2.93

Indirect and Induced Contributions on Sectors

Wholesale & Retail Trade

4,734,860

0.22

2,169,711

0.27

Misc. Services

1,889,457

0.09

931,229

0.12

Financial & Real Estate

3,276,568

0.15

1,780,871

0.22

Misc. Manufacturing

564,030

0.03

226,954

0.03

Transport. & Comm. Services

1,016,564

0.05

416,469

0.05

Health Services

724,857

0.03

337,838

0.04

Resource Services

89,415

0.00

45,453

0.01

Agricultural Products

139,513

0.01

40,786

0.01

Construction

251,060

0.01

75,855

0.01

Utility Services

1,162,206

0.05

344,845

0.04

Recreation & Amusement

93,421

0.00

55,258

0.01

Government

142,617

0.01

89,297

0.01

Education

49,808

0.00

25,760

0.00

Domestic Services

207,097

0.01

47,508

0.01

Metal Industries

45,929

0.00

10,318

0.00

Transportation Equipment

29,085

0.00

5,225

0.00

Petroleum & Chemicals

14,576

0.00

3,456

0.00

Glass, Stone, & Clay

8,849

0.00

1,499

0.00

Food Processing

1,869

0.00

372

0.00

Machinery & Equipment

400

0.00

101

0.00

Farm Inputs & Machinery

151

0.00

11

0.00

Technology Industries

21

0.00

0

0.00

Agricultural Processing

32

0.00

2

0.00

Mining

0

0.00

0

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Subtotal

14,442,384

0.67

6,608,817

0.83

TOTAL CONTRIBUTIONS

81,867,907

3.78

29,869,839

3.76

Rest of County

2,085,196,895

96.22

763,717,853

96.24

Total in County

2,167,064,802

100.00

793,587,692

100.00

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

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

Total forestland acres, 2018

192,590

Private ownership acres

160,302

Public ownership acres

32,287

Forestland assessed value, 2018

$4,275,176

Ad valorem tax collections from forestland, 2018

$866,792

Value of standing timber, 2018

$234,205,649

Value of timber harvested, 2019

$13,487,872

Timber severance tax collections (100%), 2019

$48,142

Tax to Forest Resource Development Program (80%)

$38,514

Tax returned to county government (20%)

$9,628

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.


M1718 (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.

Department: MSU Extension- Tishomingo County
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