Briefing on the results of the 2019 economic
impact analysis
ITEM NO: 7b supp
DATE OF MEETING: May 14, 2019
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
7
Unique amongst the nation’s top fishing ports for the scale of homeporting
• 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
The Northwest Seaport Alliance
8
The nation’s fourth largest cargo gateway
