An Economic Analysis of the U.S. Wooden Pallet and Container Industry
8
Real output can be decomposed into the distribution of output to other industries and to
final demand. Figure 2 shows the distribution of total NWPCA-related output in 2016. The
overwhelming majority of sales are made to other industries. Sales to other industries
constitute intermediate demand; all other sales are final demand. Relevant final
demand categories for this industry include personal consumption ($2.0 billion), non-
residential construction ($136.2 million), residential construction ($2.4 billion), inventory
change ($53.2 million), net exports (-$1.0 billion), and federal nondefense expenditures
($116.0 million). Please note that the sum of the columns (intermediate demand and
final demand) in Figure 2 total $10.7 billion and match the 2016 output displayed in Table
1.
Figure 2. Distribution of Output in 2016, NWPCA Product Scope
Units: Millions of 2016 Dollars
7,101.6
1,998.6
136.2
2,359.2
53.2
389.1
-1,428.6
116.0
-2,000
-1,000
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Total
Intermediate
Demand
Personal
Consumption
Non-Residential
Construction
Residential
Construction
Inventory
Change
Exports Imports Federal
Nondefense
Million
$
