Economic Value of Hawai‘i’s Forest Industry in 2001

John F. Yanagida, James B. Friday, Prabodh Illukpitiya, Rusyan Jill Mamiit, Quincy A. Edwards

ScholarSpace (University of Hawaii at Manoa) · 2004 · 14 citations · 0 references

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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 em ployment 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 seg ments surveyed included landowners, timber processors, general contractors, forestry consultants, manufacturers, nurseries and retailers. The 2001 Hawai‘i forest indus try revenues were estimated to be $30.7 million with total full-time employment at slightly more than 900 full time employees. The largest sector was retailing with revenues of $23.9 million. This 2001 value for the for est 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.