Economics and Statistics
FS-FPL-4851
The Economics and Statistics mission is to provide economic information, analysis, and projections indicating how and why the markets and technologies for wood products change over time, implications for natural resources management, and selected broad environmental and social impacts; and to enhance the integrity and efficiency of the Forest Products Laboratory’s research efforts through development, evaluation, and application of modern statistical methods.
How wood is used in the economy:
- How and why wood use changes over time
- Changes in the kinds and amounts of wood and fiber needs
- Natural resource management needs
- Market equilibrium quantities and prices, and
- Selected environmental impacts
This mission contributes to research required by the Forest and Rangeland
Renewable Resources Planning Act of 1974 (RPA), the National Forest Management Act of 1976, and the Forest and Rangeland Renewable
Resources Research Act of 1978, which require the Forest Service to develop an assessment of timber and other renewable resources
every ten years.
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