Thursday, December 17, 2009

Study Quantifies the Economic Impact of Private Working Forests in the U.S.

"On average, [privately-owned forests] generate $277,000 in state GDP per 1,000 acres, while public forests generate just $41,000.
"The study also concludes that every 1,000 acres of private, working forest creates on average 8 jobs, $270,000 in annual payroll, $9,850 in annual state taxes (income and severance taxes only) and $733,000 in annual sales."

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