Article Number: 13719
NWFA Supports Hardwood Federation Economic Impact Study
ST. LOUIS, Feb. 19, 2019 - The U.S. hardwood flooring industry employs 45,000 people, contributes $4 billion to U.S. gross domestic product, and generates $8.5 billion in U.S. economic output. These and other statistics were released in an Economic Impact Study commissioned by the Hardwood Federation. The study was funded
by the National Wood Flooring Association, in conjunction with a dozen other hardwood-focused associations and organizations.

In addition to hardwood flooring, the report also analyzes the economic impact of a variety of other hardwood products, including lumber, veneer and plywood, trusses, windows and doors, pallets, cabinets, furniture, architectural millwork, and window blinds.

The study analyzed the economic contribution of the hardwood industry by aggregating three separate impacts: direct, indirect, and induced. Direct impacts are the benefits producers directly receive in the form of sales. Indirect impacts are realized by businesses supporting the hardwood industry, like industrial loggers and transportation companies. Induced impacts are those created from the spending of labor income and profits. Purchasing groceries is an example.

Data is presented as a national whole, and by state in hardwood producing regions, which gives hardwood companies current statistics to utilize when meeting with state and local government officials. It also will be a valuable tool during the annual Hardwood Federation Fly-In to be held in Washington, DC this September, during which Hardwood Federation members will meet with members of Congress to educate them about issues impacting their companies and communities.

The full study is available at www.hardwoodfederation.com.

The National Wood Flooring Association is a not-for-profit trade organization, with more than 3,200 member companies worldwide, dedicated to educating consumers, architects, designers, specifiers and builders in the uses and benefits of wood flooring. NWFA members receive the best in educational training, benefits, technical resources, and networking, to advance their professionalism and success. The NWFA is located at 111 Chesterfield Industrial Boulevard, Chesterfield, MO 63005, and can be contacted at 800.422.4556 (USA & Canada), 636.519.9663 (local and international), or online at www.nwfa.org.


Related News

Tuesday, July 1, 2025

NWFA Completes 79th Home with Gary Sinise Foundation

ST. LOUIS, Missouri (May 9, 2025) – The National Wood Flooring Association (NWFA) has provided flooring for its 79th home in support of the Gary Sinise Foundation R.I.S.E. program (Restoring Independence Supporting Empowerment). The R.I.S.E. program builds mortgage-free, custom, specially adapted smart homes for...read more

NWFA Hosts Successful Wood Flooring Expo in Charlotte, North Carolina

ST. CHARLES, MO (April 23, 2025) – The National Wood Flooring Association (NWFA) hosted its 2025 Wood Flooring Expo from April 15-17 at the Charlotte Convention Center in Charlotte, North Carolina, drawing over 2,500 wood flooring professionals worldwide. Marking NWFA’s 40th anniversary, the event embraced...read more

NWFA 2025 Hands-On Education Calendar Released

Saint Charles, MO (January 14, 2025) The National Wood Flooring Association has released its 2025 Hands-On Training Calendar. These events are held at various NWFA regional training centers across the United States. Each course is led by an NWFA Regional Instructor. These instructors are highly skilled and...read more