Northeastern Regional Timber Stumpage Prices, 1961-91

Download or read book Northeastern Regional Timber Stumpage Prices, 1961-91 written by Paul E. Sendak and published by . This book was released on 1994 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: State and regional weighted averages were calculated for timber stumpage prices for the northeastern region. The weighting factor was the timber volume harvested. The regional price series for hardwood sawtimber, softwood sawtimber, hardwood pulpwood, and softwood pulpwood are reported for the 31 -year period, 1961 to 1991. Hardwood sawtimber prices increased at the average annual rate of 10.3 percent (nominal), softwood sawtimber at 6.4 percent, hardwood pulpwood at 6.5 percent, and softwood pulpwood at 5.3 percent. Inflation, as measured by the All-commodity, Producer Price Index, averaged 5.7 percent per year over the 31 -year period.