Results/Conclusions Annual population growth rate was stable in the long term, but varied substantially among years (average λ =1.002, 0.8747< λ <1.1024). Higher temperatures (both maxima and minima) in the middle of the growing season negatively affected λ. The underlying cause of this effect appeared to be negative effects on the rate of stasis in juveniles and large adults, as well as reduced rates of growth from small to large adults. These three parameters were identified by the LTRE analyses as key explanatory variables for the annual variation in λ. Effects of precipitation variation on λ were less pronounced, although several significant effects of precipitation patterns at various times of year were observed on underlying demographic transitions. Several demographic parameters exhibited curvilinear relationships to precipitation suggesting local optima. Given the observed patterns of demographic response to annual climate variation, ginseng populations may slowly decline in response to a warmer, and possibly wetter, climate predicted for the next century. This prediction of a slow decline could be modified, however, by an understanding of responses to extreme weather events that may increase in frequency along with overall climatic warming.