It's highly likely. If the experience in British Columbia is any example, if you have a large-scale infestation by a bug or a fungus or a bacteria, you can count on a huge pulse of wood potentially being available, if the insect or disease vector doesn't damage the wood so you can't use it, then a rapid fall-off in the annual allowable cut.
British Columbia is facing that, of course, and so much of the government attention there is because of that pending reality. B.C. will have very, very similar economic conditions for forest-dependent communities in five or ten years, depending on how long the wood lasts, to what we've experienced in eastern North America, but in this case it will be driven by climate change as mediated by an insect.