Port Tampa Bay is Florida's largest and most diverse seaport today with an annual economic impact of $17.2 billion.
- Port Tampa Bay is Florida's largest, most diverse seaport
- Port has a $17.2B economic impact on region
- Supports 85,000 jobs annually
The port also supports 85,000 jobs - direct, indirect, induced, and related jobs annually.
The economic impact study was researched and completed by the firm Martin Associates. The study also showed that the total port-related wages and salaries and local consumption were calculated at $5.1 billion, while the mean salary for port-dependent jobs came in at $55,000, which is higher than the average for jobs within Hillsborough County.
Between 2012 and 2015, cargo activity at the Port’s public and private marine terminals increased by 3.4 million tons.
The purpose of the study was to measure the local, regional and state economic impacts generated by maritime activity at the cargo terminals, cruise terminals, and shipyards, as well as non-maritime real estate interests at the port, for the entirety of the 2015 fiscal year.
“In the short time I have been at Port Tampa Bay, we have been named the Port Operator of the Year by Lloyds List, StormReady® by the National Weather Service, and received C-TPAT certification by U.S. Customs and Border Protection, but having this study validates the incredible work our team at Port Tampa Bay and our partners provide here. It truly is a testament to our outstanding port community,” Paul Anderson, port president and CEO, said. “We look forward to increasing that overall economic impact in the years ahead, with a variety of opportunities and projects that we will be announcing. Port Tampa Bay is proud to be the largest economic engine in West and Central Florida, providing a great return on investment for the people of Tampa Bay and Florida. We look forward, with the support of all our partners, to build upon this success and strengthen our port and community for years to come.”
To read the full report, CLICK HERE.