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Econ Home > Products > Southern Markets > Timber Sector
Harvest quantities—Roundwood output for the US South is taken from the USDA Forest Service Timber Product Output system maintained by the Forest Inventory and Analysis Research Work Units. Reports of roundwood output for the region have been developed for the RPA National Inventory Database for the years 1952, 1962, 1977, 1981, 1996, and 2001 (see, e.g., Smith et al. 2001). Comparable annual pulpwood production data have been compiled for the region (see, e.g., Johnson and Steppleton). We constructed an annual series of softwood sawlog production by interpolating between the RPA reporting years based on the production of softwood lumber within the region.
Prices—We constructed price indices by product class for the US South based on prices reported for substate regions by Timber Mart South. The index is an average weighted by inventory volumes of the respective regions. Prices are adjusted for inflation by the consumer price index.
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modified: 07-Feb-2017 created by: John M. Pye |
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