Interpreting Forestry Economic Contribution Reports: A User's Guide

Abstract

State agencies and Extension professionals often employ IMPLAN software and associated data to conduct economic contribution analyses of the forest sector. Economic contribution reports often vary with regard to modeling, results presentation, and interpretation of estimates. We present practical guidelines for report users on how to better understand input–output modeling and interpret forestry economic contribution reports. We discuss strategies for understanding basic terminology, aspects of IMPLAN software, and the difference between economic contribution and economic impacts, among other concepts.