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Kentucky Forestry Economic Impact Report 2015, Jeff Stringer, Billy Thomas, Bobby Ammerman, Alison Davis
Kentucky Forestry Economic Impact Report 2015, Jeff Stringer, Billy Thomas, Bobby Ammerman, Alison Davis
Kentucky Forestry Economic Impact Reports
Forests cover nearly one-half of Kentucky and provide a wide range of both economic and non-economic benefits to the Commonwealth. The primary economic contributor is derived from the utilization of timber and wood resources. Analysis of Kentucky’s forest and wood industries in 2015 indicated an estimated direct economic impact of $9.1 billion (up 9 percent from 2014). These industries employed over 28,000 individuals. Total economic impacts in 2015 were estimated above $14 billion for the first time ($14.6 billion) with a total employment of 62,445. This increase in both direct and total impacts has been on-going since 2012 with a …