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The Economic Contribution of Forestry and Forest Products - Jones County

Publication Number: M1721
View as PDF: M1721.pdf

Jones County

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

Employment and Income Contributions

Forest-related economic activity in Jones County during 2018 generated 1,691 jobs and over $82.0 million in income. That’s about 4.5% of jobs and 4.9% 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 $581.9 million, or about 8.1% of economic output in Jones County. Forest-related value added amounted to over $224.4 million, or about 8.0% 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 $30.53 million in tax revenue for federal, state, and local governments. This represents an estimated tax revenue of $18.26 million for federal and $12.27 million for state and local governments.

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

 

Number of Jobs

% of County

Income ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

6

0.01

226,554

0.01

Logging

93

0.25

4,170,514

0.25

Solid Wood Products

912

2.44

50,103,360

2.97

Wood Furniture

79

0.21

3,011,876

0.18

Pulp & Paper

0

0.00

0

0.00

Subtotal

1,090

2.91

57,512,304

3.41

Indirect and Induced Contributions on Sectors

Misc. Manufacturing

146

0.39

4,936,589

0.29

Misc. Services

110

0.29

3,233,354

0.19

Wholesale & Retail Trade

100

0.27

4,167,310

0.25

Transport. & Comm. Services

69

0.18

3,390,679

0.20

Financial & Real Estate

47

0.13

1,404,784

0.08

Utility Services

28

0.07

2,474,939

0.15

Resource Services

25

0.07

536,532

0.03

Health Services

21

0.06

1,282,724

0.08

Government

17

0.05

847,951

0.05

Construction

9

0.02

425,624

0.03

Mining

8

0.02

782,981

0.05

Domestic Services

8

0.02

500,891

0.03

Recreation & Amusement

6

0.02

60,434

0.00

Education

3

0.01

51,787

0.00

Petroleum & Chemicals

2

0.01

364,906

0.02

Agricultural Products

2

0.00

58,172

0.00

Agricultural Processing

0

0.00

8,636

0.00

Metal Industries

0

0.00

9,367

0.00

Food Processing

0

0.00

512

0.00

Glass, Stone, & Clay

0

0.00

2,107

0.00

Machinery & Equipment

0

0.00

630

0.00

Farm Inputs & Machinery

0

0.00

334

0.00

Transportation Equipment

0

0.00

42

0.00

Technology Industries

0

0.00

1

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Subtotal

601

1.61

24,541,287

1.45

TOTAL CONTRIBUTIONS

1,691

4.52

82,053,591

4.86

Rest of County

35,749

95.48

1,605,421,680

95.14

Total in County

37,441

100.00

1,687,475,271

100.00

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

 

Output ($)

% of County

Value Added ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

338,122

0.00

231,123

0.01

Logging

7,231,622

0.10

4,166,642

0.15

Solid Wood Products

442,009,177

6.14

166,488,552

5.89

Wood Furniture

10,112,597

0.14

3,604,924

0.13

Pulp & Paper

0

0.00

0

0.00

Subtotal

459,691,518

6.38

174,491,241

6.18

Indirect and Induced Contributions on Sectors

Misc. Manufacturing

10,849,504

0.15

5,737,333

0.20

Misc. Services

8,761,799

0.12

4,636,379

0.16

Wholesale & Retail Trade

15,053,629

0.21

8,224,873

0.29

Transport. & Comm. Services

10,847,910

0.15

4,580,778

0.16

Financial & Real Estate

15,105,630

0.21

8,299,736

0.29

Utility Services

28,921,181

0.40

9,755,482

0.35

Resource Services

647,554

0.01

460,379

0.02

Health Services

2,463,857

0.03

1,495,711

0.05

Government

4,068,562

0.06

1,675,289

0.06

Construction

1,618,503

0.02

557,419

0.02

Mining

2,758,734

0.04

584,520

0.02

Domestic Services

3,085,179

0.04

1,436,648

0.05

Recreation & Amusement

319,772

0.00

121,088

0.00

Education

103,680

0.00

49,336

0.00

Petroleum & Chemicals

17,125,525

0.24

2,326,914

0.08

Agricultural Products

399,688

0.01

28,142

0.00

Agricultural Processing

61,370

0.00

11,986

0.00

Metal Industries

24,165

0.00

10,390

0.00

Food Processing

3,833

0.00

882

0.00

Glass, Stone, & Clay

10,006

0.00

3,858

0.00

Machinery & Equipment

3,730

0.00

933

0.00

Farm Inputs & Machinery

2,671

0.00

508

0.00

Transportation Equipment

383

0.00

51

0.00

Technology Industries

3

0.00

1

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Subtotal

122,236,869

1.70

49,998,639

1.77

TOTAL CONTRIBUTIONS

581,928,387

8.08

224,489,880

7.95

Rest of County

6,622,464,263

91.92

2,599,854,460

92.05

Total in County

7,204,392,650

100.00

2,824,344,340

100.00

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

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

Total forestland acres, 2018

301,637

Private ownership acres

258,034

Public ownership acres

43,603

Forestland assessed value, 2018

$10,904,242

Ad valorem tax collections from forestland, 2018

$1,445,684

Value of standing timber, 2018

$439,018,056

Value of timber harvested, 2019

$20,881,210

Timber severance tax collections (100%), 2019

$71,757

Tax to Forest Resource Development Program (80%)

$57,406

Tax returned to county government (20%)

$14,351

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.


M1721 (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- Jones County
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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

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