Page 24 - Georgia Forestry - Issue 2 - Spring 2024

Partnership in Proof
How GFC and GA Tech Validate Georgia Forestry’s Punch
$
$
2012 2022
FORESTRY INDUSTRY FISCAL IMPACT
$807 million
$691 million
State Tax Revenue
FORESTRY INDUSTRY DIRECT
& INDIRECT ECONOMIC IMPACT (2022)
Direct Economic Impact
Total Economic Impact (Direct and Indirect)
Economic Output
$24.984 billion
$41.9 billion
Employment
57,228
140,787
Wages & Salaries
$4.431 billion
$9.1 billion
FORESTRY COMPARED TO GEORGIA’S OTHER MANUFACTURING SECTORS (2022)
Industry Sectors
Employment
Wages & Salaries
Food Processing
66,352
$3.67 billion
FORESTRY INDUSTRY
57,228
$4.431 billion
Transportation Equipment
50,490
$3.89 billion
Textiles
43,330
$2.293 billion
Fabricated Metal Products
42,041
$2.628 billion
Chemicals
23,692
$1.955 billion
Machinery
21,538
$1.563 billion
Printing
11,700
$658.7 million
Electrical Equipment & Appliances
10,234
$710.6 million
Computers & Electronic Products
5,249
$643.3 million
Apparel
721
$27.1 million
22 | GEORGIA FORESTRY