Economic Value of Hawai‘i’s Forest Industry in 2001
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2004-12
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University of Hawaii
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Abstract
A set of surveys was conducted to estimate the economic value of the Hawai‘i forest industry’s revenue and employment for 2001. The term forest industry comprises all activities involving locally grown wood including forest management, wood harvest, and wood products development and distribution. The forest industry segments surveyed included landowners, timber processors, general contractors, forestry consultants, manufacturers, nurseries and retailers. The 2001 Hawai‘i forest industry revenues were estimated to be $30.7 million with total full-time employment at slightly more than 900 fulltime employees. The largest sector was retailing with revenues of $23.9 million. This 2001 value for the forest industry represents a slight nominal increase since 1991, when the value was estimated at $28.9 million, but a real decrease after accounting for inflation.
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economic impact, forest industries, Hawaii, regional economics
Citation
Yanagida JF, Friday JB, Illukpitiya P, Mamitt RJ, Edwards Q. 2004. Economic value of Hawai‘i’s forest industry in 2001. Honolulu (HI): University of Hawaii. 4 p. (Economic Issues; EI-7).
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4 pages
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