A comprehensive look at the forest products industry’s economic contribution to the United States: Pre- and post-COVID analysis

IF 4 2区农林科学 Q1 ECONOMICS

Forest Policy and Economics Pub Date : 2025-01-30 DOI:10.1016/j.forpol.2025.103440

Jagdish Poudel , Ram Dahal

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引用次数: 0

Abstract

This paper examines the U.S. Forest products industry's economic performance in 2022 compared to pre-COVID-19 levels, highlighting its resilience amid pandemic disruptions. Despite a slight decline of 0.27 % in direct forest product industry jobs, the industry's total value-added increased by 14.46 %, with growth observed in labor income and gross output. However, the extent of changes varied across sectors: while paperboard container manufacturing, paper mills, and sawmills saw substantial value-added increases (23 %, 45.45 %, and 54.66 %, respectively), pulp mills, wood office furniture manufacturing, and stationery product manufacturing experienced declines (6 %, 12.5 %, and 3.4 %, respectively). These findings reveal the uneven changes within the industry and underscore the challenges faced by certain subsectors. Overall, the study reinforces the forest products industry's crucial role in supporting both regional and rural economies. The results provide valuable insights for policymakers and industry professionals, emphasizing the need for targeted support to enhance the sector's resilience and ensure its continued growth and economic contribution.

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来源期刊

Forest Policy and Economics 农林科学-林学

CiteScore

9.00

自引率

7.50%

发文量

148

审稿时长

21.9 weeks

期刊介绍： Forest Policy and Economics is a leading scientific journal that publishes peer-reviewed policy and economics research relating to forests, forested landscapes, forest-related industries, and other forest-relevant land uses. It also welcomes contributions from other social sciences and humanities perspectives that make clear theoretical, conceptual and methodological contributions to the existing state-of-the-art literature on forests and related land use systems. These disciplines include, but are not limited to, sociology, anthropology, human geography, history, jurisprudence, planning, development studies, and psychology research on forests. Forest Policy and Economics is global in scope and publishes multiple article types of high scientific standard. Acceptance for publication is subject to a double-blind peer-review process.