Economic Impact of Timber Services

The Enterprise Innovation Institute of Georgia Tech reported that the forest industry in Georgia has a $27.2 billion impact on its economy.  This can also be translated into $472 million in tax revenues for the state.  So, while money doesn’t grow on trees, it’s certainly possible that it grows in them.

However, don’t assume the impact timber services have on the Southeast is economic alone.  No sir.  Due to sustainable management practices the USDA Forest Service reports an annual average growing stock of  +2,000,000 cubic feet, in Georgia, for the last 40 years!  This means that every year in Georgia more timber is growing than is being cut.  So, not only do timber services positively impact Georgia and the Southeast on an economic level, but on the ecological level as well.

Forest Industry

 

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