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Effects of the "great recession" on the forest products sector in the northern region of the United States

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Woodall, Christopher W.; Luppold, William G.; Ince, Peter J.; Piva, Ronald J.; Skog, Kenneth E.

Year Published

2012

Publication

In: Morin, Randall S.; Liknes, Greg C., comps. Moving from status to trends: Forest Inventory and Analysis (FIA) symposium 2012; 2012 December 4-6; Baltimore, MD. Gen. Tech. Rep. NRS-P-105. Newtown Square, PA: U.S. Department of Agriculture, Forest Service, Northern Research Station. [CD-ROM]: 2-4.

Abstract

The forest industry within the northern region of the United States has demonstrated a notable decline in terms of employment, number of mills, wood consumption, and forest harvests since 2000--a downturn exacerbated by the "Great Recession" of 2007-2009. Longer term industrial decline (since 2000) has been evidenced by reductions in secondary product (e.g., furniture) and print paper manufacturing, which can be attributed to the lack of global competitiveness of U.S. wages and ascent of electronic media. In contrast, more recent (since 2008), yet sharper declines can be found in industries such as composite panel production that service the housing industry. Despite a decade of decline, future prospects for this region's forest industry may be viewed as positive. The region's forests are predominantly within private ownership and represent some of the world’s most valuable sawtimber. Coupled with the natural resource is a present but underutilized industry with spare capacity and a highly skilled work force.

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Citation

Woodall, Christopher W.; Luppold, William G.; Ince, Peter J.; Piva, Ronald J.; Skog, Kenneth E. 2012. Effects of the "great recession" on the forest products sector in the northern region of the United States. In: Morin, Randall S.; Liknes, Greg C., comps. Moving from status to trends: Forest Inventory and Analysis (FIA) symposium 2012; 2012 December 4-6; Baltimore, MD. Gen. Tech. Rep. NRS-P-105. Newtown Square, PA: U.S. Department of Agriculture, Forest Service, Northern Research Station. [CD-ROM]: 2-4.

Last updated on: February 1, 2013