7b Presentation 2019 Maritime Economic Impact Analysis
ITEM NO: 7b supp DATE OF MEETING: May 14, 2019 Briefing on the results of the 2019 economic impact analysis Study Overview Affirms that port-related jobs are numerous and usually well-paid Performed in partnership with Port of Tacoma and The Northwest Seaport Alliance Sea-Tac International Airport not included: studied separately in 2018 Seattle-based consulting firm Allows for comparison to studies of other iconic Washington industries Findings will be used in storytelling materials such as videos and blogs. The homework that will support our storytelling 2 Cruise Increasing visitors to Seattle and Washington state 3 Strong Growth in Cruise Business Increasing local procurement by the cruise lines 4 Spending in Seattle by Cruise Passengers Data from an extensive survey effort in 2017 5 Commercial Fishing An industry looking to the future as much as to the past 6 The Seafood Catch Seafood catch by our vessels: 13% of total US commercial fisheries harvest by value 44% of all gross earnings from the North Pacific Fisheries The trade connection: 72% of commercial fish biomass from North Pacific Fisheries was exported Seafood is in the NWSA's top five export commodities by value Unique amongst the nation's top fishing ports for the scale of homeporting 7 The Northwest Seaport Alliance The nation's fourth largest cargo gateway 8
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