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Andrew Hartsell, USDA Forest Service, ahartsell@fs.fed.us (Presenter)
Donald Hodges, University of Tennessee, dhodges2@utk.edu
Consuelo Brandeis, USDA Forest Service, cbrandeis@fs.fed.us
Thomas Brandeis, USDA Forest Service, tjbrandeis@fs.fed.us
James Bentley, USDA Forest Service, jbentley@fs.fed.us

 

The 2007 collapse of the financial institutions along with the subsequent decline in housing starts had an impact on southern U.S. forest industry and landowners. Quantifying these impacts required the integration of forest inventory and analysis (FIA) data, timber product output (TPO) surveys and IMpact analysis for PLANing (IMPLAN) output. Pre and post downturn trends are investigated. TPO results reveal that total softwood product output dropped from 6.4 billion cubic feet to 5.0 billion cubic feet between 2005 and 2009, while total hardwood product output went from 2.3 billion cubic feet to 1.6 billion cubic feet over the same time frame. IMPLAN analysis suggests that the total jobs associated with the wood products industry (direct, indirect and induced employment) fell 20% between 2004 and 2009. Landowners appear to be responding by decreasing final harvest and increasing thinnings and other management practices. Keywords: Economic downturn, forest products industry, forestry practices, trend analysis