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The Economic Contributions of Forestry and Forest Products - Coahoma County

Publication Number: M2374
View as PDF: M2374.pdf

Coahoma County

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

Employment and Income Contributions

Forest-related economic activity in Coahoma County during 2018 generated 91 jobs and over $4.0 million in income. That’s about 0.8% of jobs and 1.0% 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 $29.8 million, or about 1.8% of economic output in Coahoma County. Forest-related value added amounted to over $7.4 million, or about 1.0% 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 $1.50 million in tax revenue for federal, state, and local governments. This represents an estimated tax revenue of $875,568 for federal and $630,057 for state and local governments.

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

 

Number of Jobs

% of County

Income ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

0

0.00

0

0.00

Logging

1

0.01

112,226

0.03

Solid Wood Products

0

0.00

0

0.00

Wood Furniture

0

0.00

0

0.00

Pulp & Paper

59

0.53

2,605,959

0.63

Subtotal

60

0.54

2,718,185

0.66

Indirect and Induced Contributions on Sectors

Wholesale & Retail Trade

8

0.08

499,203

0.12

Misc. Services

7

0.06

213,830

0.05

Misc. Manufacturing

5

0.05

118,831

0.03

Financial & Real Estate

3

0.03

139,545

0.03

Health Services

3

0.03

159,126

0.04

Transport. & Comm. Services

2

0.01

24,879

0.01

Recreation & Amusement

1

0.01

4,274

0.00

Government

1

0.01

56,024

0.01

Domestic Services

0

0.00

40,730

0.01

Utility Services

0

0.00

23,487

0.01

Resource Services

0

0.00

9,128

0.00

Construction

0

0.00

10,966

0.00

Education

0

0.00

5,449

0.00

Mining

0

0.00

723

0.00

Agricultural Products

0

0.00

1

0.00

Metal Industries

0

0.00

225

0.00

Machinery & Equipment

0

0.00

78

0.00

Petroleum & Chemicals

0

0.00

20

0.00

Food Processing

0

0.00

15

0.00

Glass, Stone, & Clay

0

0.00

15

0.00

Technology Industries

0

0.00

0

0.00

Farm Inputs & Machinery

0

0.00

20

0.00

Transportation Equipment

0

0.00

50

0.00

Agricultural Processing

0

0.00

6

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Subtotal

32

0.29

1,306,626

0.32

TOTAL CONTRIBUTIONS

91

0.83

4,024,811

0.97

Rest of County

10,941

99.17

409,213,748

99.03

Total in County

11,032

100.00

413,238,559

100.00

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

 

Output ($)

% of County

Value Added ($)

% of County

Direct Contributions from Forest-Related Sectors

Misc. Forest Products

0

0.00

0

0.00

Logging

143,118

0.01

113,755

0.01

Solid Wood Products

0

0.00

0

0.00

Wood Furniture

0

0.00

0

0.00

Pulp & Paper

24,564,078

1.45

4,704,622

0.60

Subtotal

24,707,196

1.46

4,818,377

0.61

Indirect and Induced Contributions on Sectors

Wholesale & Retail Trade

1,901,705

0.11

1,066,882

0.14

Misc. Services

605,137

0.04

327,343

0.04

Misc. Manufacturing

270,337

0.02

128,757

0.02

Financial & Real Estate

957,601

0.06

535,038

0.07

Health Services

373,283

0.02

186,465

0.02

Transport. & Comm. Services

179,328

0.01

38,390

0.00

Recreation & Amusement

22,948

0.00

11,003

0.00

Government

246,785

0.01

121,717

0.02

Domestic Services

244,239

0.01

112,053

0.01

Utility Services

296,194

0.02

90,411

0.01

Resource Services

10,315

0.00

7,804

0.00

Construction

40,502

0.00

13,570

0.00

Education

7,634

0.00

4,960

0.00

Mining

9,007

0.00

1,044

0.00

Agricultural Products

5,702

0.00

2,145

0.00

Metal Industries

1,354

0.00

298

0.00

Machinery & Equipment

312

0.00

90

0.00

Petroleum & Chemicals

726

0.00

40

0.00

Food Processing

119

0.00

25

0.00

Glass, Stone, & Clay

144

0.00

43

0.00

Technology Industries

56

0.00

0

0.00

Farm Inputs & Machinery

219

0.00

35

0.00

Transportation Equipment

76

0.00

51

0.00

Agricultural Processing

446

0.00

29

0.00

Fabric Mills & Leather

0

0.00

0

0.00

Subtotal

5,174,169

0.30

2,648,191

0.34

TOTAL CONTRIBUTIONS

29,881,365

1.76

7,466,568

0.95

Rest of County

1,666,785,668

98.24

782,572,381

99.05

Total in County

1,696,667,033

100.00

790,038,949

100.00

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

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

Total forestland acres, 2018

68,108

Private ownership acres

68,108

Public ownership acres

0

Forestland assessed value, 2018

$1,722,383

Ad valorem tax collections from forestland, 2018

$180,420

Value of standing timber, 2018

$178,276,409

Value of timber harvested, 2019

$39,628

Timber severance tax collections (100%), 2019

$177

Tax to Forest Resource Development Program (80%)

$142

Tax returned to county government (20%)

$35

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.


M2374 (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- Coahoma 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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