The forest products industry is among New York’s leading manufacturers.
Over 93,097 New Yorkers are employed in forest products manufacturing with a payroll of just over $2.5 billion. It is estimated that an additional 3,000 individuals work in forestry and logging.
The forest products industry contributes $13.1 billion indirect economic output in the state.
The forest sector’s linkages to the state’s economy generated an additional $9.8 billion indirect and induced production activities for a total state wide economic impact of $22.9 billion dollars.
The average labor income per worker is $61,526.
Of the 19 million forested acres in New York State, 4.8 million acres are publicly owned (4.1 million acres by New York State) and 14.2 million acres or 75% are privately owned. Of that 14% is corporately owned and the remaining balance and majority of forest land in New York State is owned by families and individuals.
The annual value of sales or output of New York’s forest products industry totals over $9.9 billion while the forest-based recreation economy is worth $8.2 billion.
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