FORESTRY PRODUCTS

Compensation: Wage and salary disbursements and supplements to wages and salaries received by U.S. residents, including wages and salaries received from the rest of the world.

Gross Output: Value of the goods and services produced by the nation's economy. It is principally measured using industry sales or receipts, including sales to final users (GDP) and sales to other industries (intermediate inputs).

Value Added: The gross output of an industry or a sector less its intermediate inputs; the contribution of an industry or sector to gross domestic product (GDP). Value added by industry can also be measured as the sum of compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.

Roundwood: Wood in its natural state as felled, with or without bark. It may be round, split, roughly squared or in other forms.

Sawnwood: Wood that has been produced either by sawing lengthways or by a profile-chipping process and, with a few exceptions, is greater than 6 millimetres (mm) in thickness

Wood fuel: Energy derived from wood in various forms. Woodfuel includes solids (fuelwood and charcoal), liquids (black liquor, methanol, and pyrolitic oil) and gases from the gasification of these fuels.

Wood pellets: Small particles used for energy generation made of dried, ground and pressed wood. Wood pellets are originally produced from wood waste (such as sawdust and shavings), rather than whole logs, and thus can be viewed as an integrated part of forest product manufacturing. The raw material is dried, mechanically fractioned to size, and extruded under intense pressure into pellets.

Wood pulp: Wood pulp is a virgin  fiber derived from harvested softwood or hardwood trees that are specifically grown for papermaking.

Wood residues: Wood left behind in the forest after forest harvesting, and wood by-products from wood processing, such as wood chips, slabs, edgings, sawdust and shavings.

Wood-based panels: Flat board products made from wood chips, strands, veneers, fibers, or strips