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Manufacturing Upholstered Furniture In The Southeastern U.S.: A Comparative Cost Assessment, Joshua O. Idassi, Steven H. Bullard Jan 1997

Manufacturing Upholstered Furniture In The Southeastern U.S.: A Comparative Cost Assessment, Joshua O. Idassi, Steven H. Bullard

Faculty Publications

The upholstered household furniture industry (SIC 25 12) is extremely important in the economies of Alabama, Mississippi, North Carolina, and Tennessee. This study uses a comparative cost approach to assess the differences that exist in the manufacturing and distribution of upholstered wood household furniture among southeast U.S. states. Secondary data for raw material, labor, and transportation costs were obtained from the U.S. Department of Commerce, Bureau of the Census, for 1982, 1987, and 1992. Total costs were estimated for raw material, labor, and transportation of the finished products. A simple cost index was constructed for each cost component. Analysis of …


Logging - One Of Mississippi’S Most Important Industries, Ian A. Munn, Steven H. Bullard Jan 1997

Logging - One Of Mississippi’S Most Important Industries, Ian A. Munn, Steven H. Bullard

Faculty Publications

Logging is extremely important to Mississippi's economy for two reasons. First, the industry is essential in providing wood-based raw materials necessary for many thousands of jobs throughout the state. The industry is the ·:first link in a manufacturing chain that reaches through the state and touches the pulp and paper industry, the sawmill industry. the furniture industry, the building/construction industry. and many others. " The industry is also important because of the economic contributions it makes through its own employment and income created. In 1993, the industry contributed an estimated $1.-1-5 billion to Mississippi's economy. and over 11 thousand jobs …


Risk Analysis Of Black Walnut And Red Oak Plantations, Douglas D. Stokke, Stephen H. Kolison Jr., Jianbang Gan Jan 1997

Risk Analysis Of Black Walnut And Red Oak Plantations, Douglas D. Stokke, Stephen H. Kolison Jr., Jianbang Gan

Douglas D. Stokke

Risks and uncertainties are prevalent in timber production due to the nature and length of the production process. This paper examines the volatility of timber prices and the effects of some economic uncertainties and risks such as fluctuations in timber prices and the interest rate on the economic returns of black walnut and red oak plantations. Historical patterns of timber prices for black walnut and oaks are investigated and compared with those of other timber species and stock price. The sensitivity of economic returns from black walnut and red oak plantations to changes in timber prices and the discount rate …