Cheatham County: 2008 Agricultural Economic Profile

Employment in Agriculture and Forestry made up 15.5% of total jobs created in Cheatham County in 2008 with 2,312 total jobs in these sectors. Primary agriculture was the largest job creator with 1,806 jobs or 91% of total agriculture jobs created. Overall, the forestry industry created 336 jobs or 14.5% of total agriculture and forestry jobs created in 2008.

The value of Agriculture Outputs totaled $573M in 2008 and was 19% of the total Cheatham County economy in 2008. There was over $396M worth of primary agricultural products and services produced of which $380M was produced from other crops (excluding grains and oilseeds) and accounted for 1,762 jobs. Ninety-four percent (94%) of the County’s secondary agricultural outputs consisted of $165M worth of fats and oil refining.

The value of Forestry Outputs totaled $66M or 2.1% of the total Cheatham County economy in 2008. Local sawmills accounted for 21 jobs and $5M in production while wood trusses ($13M) and cardboard manufacturing made up 76% of secondary forestry outputs.

2008 Agriculture Economic Summary Data

Definitions:

• Output (Total Economic Activity): Annual dollar value of the goods and services that an industry produces
• Employment: Average annual jobs, both full and part-time. Not full-time equivalents
• Employee Compensation: Wages, salaries, benefits, and total contributions to Social Security/Medicare
• Proprietor Income: Self-employment income, including salary, benefits and total contributions to Social Security/Medicare
• Other Property Type Income: Dividends, interest, rent, corporate profits, and capital depreciation
• Indirect Business Taxes: All business taxes and fees paid to governments including sales and excise taxes
• Total Value Added: Gross regional product derived from the income paid to the owners of the factors of production in the model year

Source: 2008 IMPLAN Data, Minnesota IMPLAN Group, Inc., www.implan.com

Special Thanks: Agri-Industry Modeling & Analysis Group (AIMAG), Department of Agricultural & Resource Economics, University of Tennessee (Robert Menard, Dr. Burton C. English, Dr. Kim Jensen)

Produced by: Cumberland Region Tomorrow – Rural Issues Committee

View the 2008 Agricultural Economic Profile: Cheatham County, PDF