Suz-Anne Kinney
The MarketWatch Blog is Transitioning to ResourceWise Forest Products
Forest2Market: July 14, 2023
The National Alliance of Forest Owners releases Forest2Market study quantifying the economic contribution that private forest owners make to the US economy.
The results show that private forest owners support 2.4 million jobs, $87 billion in payroll, $223 billion in sales and 5.7 percent of all U.S. manufacturing. The following table summarizes the results for all timberland, and for both private and public timberlands. Results are also reported on a state by state (32 states) and regional basis.
“Private forest owners are a driver of the U.S. economy by providing millions of jobs while producing a broad range of goods and services that improve quality of life in every home and community," said Dave Tenny, NAFO President and CEO. “Private forest owners are able to provide these substantial benefits because they recognize that responsible management today yields sustainable economic and environmental benefits over the long term.”
View the full report: “The Economic Impact of Privately-Owned Forests in the United States.” NAFO’s interactive U.S. map also provides a convenient snapshot of individual state data.
Read NAFO's press release.
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