The Economic Importance of the Maryland Forest Products Industry

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The Economic Importance of the Maryland Forest Products Industry. 2. The Economic Importance of the Maryland Forest Products Industry Summary. Maryland\'s ranger service and wood-items industry constituted over $2 billion in yield esteem in 1996, and gave about 14,000 employments. While auxiliary wood fabricating (e.g., cardboard-box creation) gives the most occupation opportunities, the primar

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The Economic Importance of the Maryland Forest Products Industry Primary Authors: Duncan Hilchey, Cornell University David Kay, Cornell University Prepared for and Property of the Maryland Eastern Shore Resource Conservation & Development Council, Inc. what's more, the Maryland Department of Natural Resources - Forest Service ____________________ Funded by: United States Department of Agriculture, Forest Service

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The Economic Importance of the Maryland Forest Products Industry Summary M aryland's ranger service and wood-items industry constituted over $2 billion in yield an incentive in 1996, and gave almost 14,000 employments. While auxiliary wood fabricating (e.g., cardboard-box creation) gives the most work openings, the essential wood-producing parts (e.g., saw plants and paper factories) have higher business multipliers. This demonstrates the essential wood makers part between crude timberland items and completed wood items. Truth be told, essential wood-fabricating parts are, all things considered, higher than other normal multipliers of enterprises in the state. Stun examination (utilizing IMPLAN) recommends that a 10% lessening or increment in the estimation of essential wood-fabricating industry yield would profoundly affect the state's economy. The Economic Importance of the Maryland Forest Products Industry

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Table of Contents Summary 2 List of Tables and Charts 4 Forestry and Wood Products Industry Definitions 5 Maryland Region Definitions 6 IMPLAN Model 7 General Industry Data 8 Output 9 Employment 10 Value-Added 11 Multipliers 14 Output 15 Employment 21 Value-Added 28 Shock Analysis 33 Output 34 Employment 35 Value-Added 36 Statistical Summary 37 Appendix: About IMPLAN 38 Subsector Source Data Files 42-52 About the Authors 53 The Economic Importance of the Maryland Forest Products Industry

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List of Tables and Charts Chart 10 Eastern Region 24 Chart 11 Southern Region 25 Chart 12 Western Region 26 Chart 13 Mean Value Added Multipliers for Forestry and Wood Products Industry and All Industries, Maryland 28 Chart 14 Central Region 29 Chart 15 Eastern Region 30 Chart 16 Southern Region 31 Chart 17 Western Region 32 Table 4 Change in the Value of Industrial Output as a Result of -10%, +10% and +20% Shifts in the Value of Output in the Primary Wood Manufacturing Sector 34 Table 5 Change in the Number of Jobs as a Result of - 10%, +10% and +20% Shifts in the Value of Output in the Primary Wood Manufacturing Sector 35 Table 6 Change in Value-Added as a Result of - 10%, +10% and +20% Shifts in the Value of Output in the Primary Wood Manufacturing Sector 36 Chart 1 Maryland Statewide Forestry and Wood Products industry Output by Sector 9 Table 1 Maryland Forestry and Wood Products Industry Output by Sector and Region 10 Chart 2 Maryland Forestry and Wood Products Output by Region 11 Table 2 Maryland Forestry and Wood Products Employment by Sector 12 Table 3 Maryland Forestry and Wood Products Value Added by Sector 13 Chart 3 Mean Output Multipliers for Forestry and Wood Products Industry and All Industries, Maryland 16 Chart 4 Central Region 17 Chart 5 Eastern Region 18 Chart 6 Southern Region 19 Chart 7 Western Region 20 Chart 8 Mean Employment Multipliers for Forestry and Wood Products Industry and All Industries, Maryland 22 Chart 9 Central Region 23 The Economic Importance of the Maryland Forest Products Industry

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Forestry and Wood Products Industry Definitions Following the business definition initially created by the U.S. Ranger Service, this review separates the ranger service industry into three noteworthy classifications: Timber Management and Harvesting Operation of timber tracts, tree ranches, woodland nurseries Reforestation administrations Other backwoods items Harvesting and transporting logs Producing unpleasant, round, slashed or riven essential timberland or wood crude materials Producing wood chips Primary Wood Manufacturing Processing of logs and related items into wood, lacquer and plywood, mash and turpentine and different items Secondary Wood Manufacturing Remanufacture of wood, plywood, paper and other timber items created by the essential makers into completed items, for example, furniture, toys, compartments, and so on. The Economic Importance of the Maryland Forest Products Industry

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Maryland Region Definitions The information examination in this report characterizes four districts of Maryland, separated as takes after: Central: Carroll, Baltimore, Harford, Cecil, Montgomery and Howard Counties Eastern: Kent, Queen Anne's, Talbot, Caroline, Dorchester, Wicomico, Worcester and Somerset Counties Southern: Anne Arundel, Prince George's, Calvert, Charles and St. Mary's Counties Western: Garrett, Allegany, Washington and Frederick Counties The Economic Importance of the Maryland Forest Products Industry

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The IMPLAN Model The information examination in this report is directed utilizing the IMPLAN Model: Model: IMPLAN is a broadly respected, between industry Input-Output Model that was created, to a limited extent, by the United States Department of Agriculture's Forest Service. IMPLAN is a "non-overview" Input-Output Model using accessible information to evaluate the stream of merchandise and enterprises at national, state, and area levels. Information: IMPLAN examination depends on exceptionally trustworthy information sources to include: The United States Population Census, County Business Patterns, Regional Economic Information System (REIS) information, and the yearly BLS ES-202 wage and work information . The nature of information utilized by IMPLAN is one of its essential qualities. The Economic Importance of the Maryland Forest Products Industry

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General Industry Information Output Value Employment Value-Added The Economic Importance of the Maryland Forest Products Industry

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Forestry and Wood Products Combined Are a $2 Billion Industry in Maryland The Economic Importance of the Maryland Forest Products Industry

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The Forestry and Wood-Manufacturing Sectors Tend to Concentrate by Region All locales in Maryland bolster some level of ranger service and wood fabricating. Be that as it may, parts have a tendency to be provincially focused: Timber Management and Harvesting in the Eastern locale; Primary Wood Manufacturing in the Western district; and Secondary Wood Manufacturing in the Central area. The Economic Importance of the Maryland Forest Products Industry

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Maryland's Forestry and Wood-Products Industry is Important to All Regions of the State Maryland's Central and Western districts represent more than 66% of the state's ranger service and wood items yearly yield esteem. Be that as it may, at one-quarter and 33% of a billion dollars, separately, Southern and Eastern Maryland's ranger service and wood-items industry yield is noteworthy to the provincial economy. The Economic Importance of the Maryland Forest Products Industry

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Maryland's Forestry and Wood Products Industry Creates Almost 14,000 Jobs Secondary Wood Manufacturing gives the most business openings, with employments in this part being packed in the Central district of the state. Work in Primary Wood Manufacturing is exceptionally packed in the Western locale of Maryland. This is basically because of the nearness of paper factories and different sorts of wood items plants. Occupations in Timber Management and Harvesting divisions are to some degree gathered in the Eastern area. The Economic Importance of the Maryland Forest Products Industry

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Forestry Industry Contributes $.75 Billion in Value-Added Economic Activity in Maryland notwithstanding giving work and salary to numerous Maryland inhabitants, the ranger service and wood items industry creates wage for entrepreneurs, property pay, and roundabout business charges — all advantages to an energetic state economy. The Economic Importance of the Maryland Forest Products Industry

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Forestry and Wood-Products Industry Multipliers Output Multipliers Employment Multipliers Value-Added Multipliers The Economic Importance of the Maryland Forest Products Industry

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Output Multipliers The Economic Importance of the Maryland Forest Products Industry

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For Every Dollar of Forestry Output Value Generated, Another Dollar is Produced Elsewhere in the Maryland Economy The Economic Importance of the Maryland Forest Products Industry

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The Central Maryland Forestry and Wood-Products Industry Has A Higher Mean Output Multiplier Than All Other Industries in the Region The Economic Importance of the Maryland Forest Products Industry

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The Eastern Maryland Forestry and Wood-Products Industry Has a Higher Mean Output Multiplier Than All Other Industries in the Region The Economic Importance of the Maryland Forest Products Industry

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The Southern Maryland Forestry and Wood-Products Industry Has a Mean Output Multiplier Comparable to Other Industries in the Region The Economic Importance of the Maryland Forest Products Industry

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The Western Maryland Forestry and Wood-Products Industry Has a Mean Output Multiplier Comparable to Other Industries in the Region The Economic Importance of the Maryland Forest Products Industry

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Employment Multipliers The Economic Importance of the Maryland Forest Products Industry

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Primary Wood Manufacturing Has a Higher Mean Employment Multiplier Than the Average of All Other Maryland Industries as opposed to timber administration and reaping, mean work multipliers in essential wood fabricating surpass the mean for all different enterprises in Maryland. These multipliers recommend that development in essential wood producing has a more prominent affinity to make work than different divisions of the territorial and statewide economy. Essential wood producers, for example, saw factories, hardwood measurement and deck and paper plants are a vital market since they source neighborhood crude wood

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