PMSA Study Shows Impact Of Maritime Industry On 3 West Coast States

A recent study done by SRI International of Menlo Park, Calif., for the Pacific Merchant Shipping Association (PMSA) revealed the maritime industry's economic impact on three West Coast states.

Maritime and related industries in California generate $14.4 billion annually, $4 billion in northern California and $10.4 billion in southern California, the study found.

International trade in California increased 70 percent to $14.8 billion in 1989 from $8.7 billion in 1984.

Total cargo volume increased to 175 million revenue tons in 1989 from 135 million in 1984.

Maritime-related jobs in the state in 1989 totaled 194,000, compared with 125,000 in 1984.

The state of Washington, the study said, gets $6.1 billion annually from maritime and related industries.

International trade was up 72 percent at $6.2 billion in 1989 from $3.6 billion in 1984. Total cargo for the period rose to 88 million revenue tons in 1989 from 70 million revenue tons in 1989 from 70 million in 1984.

Maritime-related jobs in the state totaled 87,000 in 1989, compared with 59,000 in 1984.

In Oregon, maritime industries generate $1.4 billion annually, the study showed. International trade rose 27 percent to $1.4 billion in 1989 from $1.1 billion in 1984 with total cargo volume increasing to 22 million revenue tons in 1989 from 20 million in 1984. Total jobs provided were 22,000 in 1989, up from 16,000 in 1984.

Other stories from April 1991 issue

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.