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Wisconsin Forestry Facts: Economic Impact

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Wisconsin Forestry Facts: Economic Impact WISCONSIN FORESTRY FACTS: Economic Impact FORESTRY’S ECONOMIC IMPACT HIGHLIGHTS BOTH BROAD AND DEEP Overall, Wisconsin’s public and private lands generate products valued at nearly $22.9 billion each year and support Forestry is the No. 1 employer in seven more than 59,000 jobs. All of this occurs as Wisconsin’s counties: Forest, Iron, Lincoln, Price, Rusk, forests continue to add a net 185 million cubic feet of saw Taylor and Trempealeau timber annually—or enough to frame about 139,000 homes. Forestry ranks among the top 10 industries by output and value added in Wisconsin Direct Economic Effects Employ- Value Output Wisconsin is the No. 1 paper ment Added producing state in the U.S. Forestry and 4,242 jobs $299.0 million $121.1 million 100 100 100 100 100 Foreign Exports $2.3 billion Logging 4.9% Pulp and Paper 30,656 jobs $18.3 billion $4.8 billion 100 100 100 100 100 Domestic Exports $14.2 billion Sawmills and 9.3% 24,699 jobs $4.3 billion $1.5 billion Wood Products Forestry industry accounts for 1.7% of jobs in the state but provides 4.9% of foreign Total 59,597 jobs $22.9 billion $6.4 billion exports and 9.3% of domestic exports Source: Implan Legend Secondary Wood Industry Primary Wood Industry EMPLOYMENT Every job in forestry supports 3.8 additional jobs in the state Every million dollars of output from forestry creates $1.3 million output in other sectors FOREST PRODUCTS BUSINESSES SHAPE ECONOMY 2012 data. Output is the total value of the industry in the local economy. Value *added is a measure of the industry’s contribution to the local community: it With 1,292 companies in primary and includes wages, rents, interest and profits. Direct impacts are jobs, revenue secondary forest products businesses, and taxes for normal business operations. Indirect includes indirect and induced impacts. It refers to the dollars industry and households spend at the forest products industry touches every other area businesses and the local jobs supported by the forest industry. corner of the state. STATE LAND HARVESTS 400,000 300,000 200,000 Cords Equiv. IMBER HARVESTS 100,000 T SUPPORT INDUSTRY: 0 A steady supply of timber from Wisconsin Department of Natural Resources lands, Year Managed Forest Law lands Source: Wisconsin DNR and county forests helps maintain the strength of the COUNTY FOREST HARVESTS Wisconsin forest products industry. 1,200,000 1,000,000 800,000 TIMBER HARVESTS 600,000 PROVIDE HEALTHY Cords Equiv. 400,000 FORESTS 200,000 A sustainable timber harvest 0 creates conditions for new growth and builds wildlife 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 habitat while also providing Year Source: Wisconsin DNR woodland owners income they can use for projects that further improve the ecology of their woods. MFL COMPLETED TIMBER SALES 1,200,000 1,000,000 800,000 600,000 COOPERATING Cord Eq. 400,000 FORESTERS BOOST 200,000 LONG-TERM BENEFITS 0 DNR supports programs '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 that provide additional Non-Industrial (Small) MFL - Cd. Equiv. Volume employment opportunities for private consulting foresters Industrial (Large) MFL - Cd. Equiv. Volume and increase their capacity Total MFL - Cd. Equiv. Volume to provide services to private Source: Wisconsin DNR landowners CONTACT: Julie Ballweg Phone: 608-228-3256 Forest Economist Email: [email protected] Wisconsin Department of Natural Resources.
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