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The Economic Contribution of Forestry and Forest Products - Scott County

Publication Number: M1719
View as PDF: M1719.pdf

Scott County

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

Employment and Income Contributions

Forest-related economic activity in Scott County during 2018 generated 297 jobs and over $11.2 million in income. That’s about 1.6% of jobs and 1.5% 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 $48.2 million, or about 1.4% of economic output in Scott County. Forest-related value added amounted to over $18.6 million, or about 1.8% 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 $3.00 million in tax revenue for federal, state, and local governments. This represents an estimated tax revenue of $1.98 million for federal and $1.02 million for state and local governments.

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

 

Number of Jobs

% of County

Income ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

3

0.02

97,044

0.01

Logging

97

0.53

4,133,676

0.57

Solid Wood Products

134

0.73

5,135,602

0.70

Wood Furniture

0

0.00

0

0.00

Pulp & Paper

0

0.00

0

0.00

Subtotal

234

1.28

9,366,321

1.28

Indirect and Induced Contributions on Sectors

Misc. Services

14

0.08

296,679

0.04

Misc. Manufacturing

10

0.06

223,440

0.03

Wholesale & Retail Trade

9

0.05

304,666

0.04

Resource Services

9

0.05

216,862

0.03

Transport. & Comm. Services

5

0.03

294,416

0.04

Financial & Real Estate

4

0.02

97,829

0.01

Health Services

4

0.02

178,779

0.02

Recreation & Amusement

2

0.01

5,145

0.00

Agricultural Products

1

0.01

85,262

0.01

Construction

1

0.00

33,533

0.00

Utility Services

1

0.00

43,247

0.01

Government

1

0.00

39,376

0.01

Domestic Services

1

0.00

17,123

0.00

Education

0

0.00

12,667

0.00

Agricultural Processing

0

0.00

3,210

0.00

Mining

0

0.00

62

0.00

Metal Industries

0

0.00

433

0.00

Farm Inputs & Machinery

0

0.00

555

0.00

Petroleum & Chemicals

0

0.00

33

0.00

Food Processing

0

0.00

41

0.00

Transportation Equipment

0

0.00

20

0.00

Glass, Stone, & Clay

0

0.00

7

0.00

Machinery & Equipment

0

0.00

6

0.00

Technology Industries

0

0.00

1

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Subtotal

63

0.34

1,853,391

0.25

TOTAL CONTRIBUTIONS

297

1.62

11,219,712

1.54

Rest of County

17,964

98.38

717,786,878

98.46

Total in County

18,261

100.00

729,006,590

100.00

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

 

Output ($)

% of County

Value Added ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

152,582

0.00

99,026

0.01

Logging

7,283,978

0.21

4,083,269

0.39

Solid Wood Products

33,788,199

0.95

11,207,006

1.08

Wood Furniture

1

0.00

0

0.00

Pulp & Paper

0

0.00

0

0.00

Subtotal

41,224,759

1.16

15,389,301

1.48

Indirect and Induced Contributions on Sectors

Misc. Services

952,303

0.03

434,384

0.04

Misc. Manufacturing

627,835

0.02

265,188

0.03

Wholesale & Retail Trade

1,090,548

0.03

580,704

0.06

Resource Services

254,623

0.01

185,401

0.02

Transport. & Comm. Services

844,554

0.02

364,355

0.04

Financial & Real Estate

1,488,780

0.04

815,427

0.08

Health Services

384,605

0.01

194,976

0.02

Recreation & Amusement

31,965

0.00

14,560

0.00

Agricultural Products

335,190

0.01

23,230

0.00

Construction

148,890

0.00

46,586

0.00

Utility Services

555,882

0.02

167,071

0.02

Government

123,187

0.00

63,063

0.01

Domestic Services

132,831

0.00

50,210

0.00

Education

22,645

0.00

11,342

0.00

Agricultural Processing

24,738

0.00

4,449

0.00

Mining

2,878

0.00

172

0.00

Metal Industries

1,206

0.00

479

0.00

Farm Inputs & Machinery

9,380

0.00

1,048

0.00

Petroleum & Chemicals

1,160

0.00

60

0.00

Food Processing

180

0.00

62

0.00

Transportation Equipment

155

0.00

24

0.00

Glass, Stone, & Clay

54

0.00

13

0.00

Machinery & Equipment

33

0.00

9

0.00

Technology Industries

3

0.00

1

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Subtotal

7,033,624

0.20

3,222,816

0.31

TOTAL CONTRIBUTIONS

48,258,383

1.36

18,612,117

1.80

Rest of County

3,501,320,115

98.64

1,018,118,852

98.20

Total in County

3,549,578,498

100.00

1,036,730,969

100.00

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

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

Total forestland acres, 2018

289,836

Private ownership acres

208,530

Public ownership acres

81,306

Forestland assessed value, 2018

$6,228,095

Ad valorem tax collections from forestland, 2018

$745,628

Value of standing timber, 2018

$722,354,178

Value of timber harvested, 2019

$21,869,166

Timber severance tax collections (100%), 2019

$55,374

Tax to Forest Resource Development Program (80%)

$44,299

Tax returned to county government (20%)

$11,075

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.


M1719 (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- Scott 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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