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Agricultural and Resource Economics

Kentucky

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Full-Text Articles in Forest Sciences

Kentucky Forestry Economic Contribution Report 2016, Jeff Stringer, Billy Thomas, Bobby Ammerman, Thomas Ochuodho, Alison Davis Jan 2017

Kentucky Forestry Economic Contribution Report 2016, Jeff Stringer, Billy Thomas, Bobby Ammerman, Thomas Ochuodho, Alison Davis

Kentucky Forestry Economic Impact Reports

Forests play a pivotal role in Kentucky’s economy and in the lives of the citizens of our state. Forests are the single most dominant land type, covering nearly one-half of the state, providing a significant range of both economic and non-economic benefits to the Commonwealth. The majority of the economic contribution is derived from the harvesting of timber and processing of the wood resource. Analysis of Kentucky’s forest and wood industries in 2016 indicated an estimated direct economic contribution of $9 billion (down one percent from 2015). These industries employed over 27,700 individuals. Total economic contributions in 2016 were estimated …


Kentucky Forestry Economic Impact Report 2015, Jeff Stringer, Billy Thomas, Bobby Ammerman, Alison Davis Jan 2016

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 …


Kentucky Forestry Economic Impact Report 2014, Jeff Stringer, Billy Thomas, Bobby Ammerman, Alison Davis Jan 2015

Kentucky Forestry Economic Impact Report 2014, Jeff Stringer, Billy Thomas, Bobby Ammerman, Alison Davis

Kentucky Forestry Economic Impact Reports

Forests cover one-half of Kentucky and provide a wide range of benefits to the commonwealth. One of the most notable benefits is the economic contribution that we gain from the utilization of timber and wood resources. Analysis of Kentucky’s forest and wood industries in 2014 indicated an estimated direct economic impact of $8.3 billion (up 4.4% from 2013). These industries employed over 28,200 individuals. Total economic impacts were estimated at $12.8 billion and 57,700 jobs in 2014. Kentucky is one of the leading producers of hardwood forest products in the south and exports wood products across the nation and the …