Forestry and Forest Products in Ohio: 2011 Economic Impacts with Comparisons to 2001 Values
Abstract
Market forces have driven the downsizing and restructuring of the US forest economy, whichprompted our assessment of the current conditions of forestry and forest products manufacturing in Ohio. We constructed a series of input–output models with 2011 data using the IMpact Analysis for PLANning system to determine the economic impacts of Ohio’s forest-based industries. We then compared the 2011 findings with those from 2001, the year for which the industry impacts had last been assessed. Direct impacts of all forestry and forest products sectors in 2011 summed to 47,200 employees, $4.00 billion in value added, and $13.7 billion in outputs. Total economic impacts were 106,000 employees, $8.53 billion in value added, and $21.9 billion in outputs. Nearly all 2011 industry values in real terms were lower than those from 2001, which were inflation-adjusted to 2011 constant dollars. Industry shifts have occurred in the state. All economic multipliers increased, which suggested a greater integration of forestry and forest products manufacturing with the state’s economy from 2001 to 2011.
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