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 Economic Development News 
Monday, March 26 2018

One in 11 Peach State jobs - across all regions - related to Savannah, Brunswick ports

Brunswick, GA -- Georgia's ports support 439,220 full- and part-time jobs across the state, according to a study released by the Selig Center for Economic Growth at UGA's Terry College of Business.
 
The Georgia Ports Authority board reviewed the study's findings at its meeting Monday. The latest figure is based on Fiscal Year 2017 impacts, and represents an increase of 70,000 jobs (up 19 percent) compared to the previous report covering FY2014. Georgia ports now account for 9 percent of total state employment, or one out of 11 jobs. Personal income derived from port-supported jobs totaled $25 billion statewide in FY2017.
 
"The deepwater ports of Savannah and Brunswick are strong drivers of economic and employment opportunity across the state," said Georgia Ports Authority Executive Director Griff Lynch. "Bringing jobs and investment to Georgia is a central part of GPA's mission."
 
According to the report, authored by Dr. Jeffrey Humphreys, port activity accounted for 11 percent of Georgia's total sales in FY2017, reaching $106 billion.  "Deepwater ports are one of Georgia's strongest economic engines, fostering the development of virtually every industry," Humphreys stated in the report. "The ports are especially supportive of other forms of transportation, manufacturing, wholesale and distribution centers, and agriculture."
 
The Terry College of Business study found that maritime trade amounts to $44 billion in state gross domestic product, or 8 percent of Georgia's total GDP. Business conducted through the ports resulted in $5.9 billion in federal taxes, $1.4 billion in state taxes and $1.5 billion in local taxes, according to the report.
 
"The findings are a testament to the powerful, positive impacts that trade through Georgia's ports have - supporting not only business opportunity, but important infrastructure and services funded through tax proceeds on every level of government," said GPA Board Chairman Jimmy Allgood.
 
In other business, the GPA Board heard a report on February trade through GPA terminals. In Brunswick, total auto and machinery units were up by 13.2 percent in February (5,648 units) for a total of 48,501.
 
"We are pleased to see our Brunswick facility performing so well," Lynch said.
 
In terms of total tonnage crossing all docks and twenty-foot equivalent container units, last month was the busiest February on record. The GPA handled 2.9 million tons of cargo (up 1.5 percent) and 341,093 TEUs (up 3.2 percent) over the 28-day period.
 
For the fiscal year to date (July 2017-February 2018), the GPA has handled 23.1 million tons of cargo, up 1.56 million tons, or 7.3 percent. In containerized trade, the Port of Savannah has moved 2.73 million TEUs, up 212,348 or 8.4 percent.
 
Find print-quality images of Georgians in port-supported jobs here. Georgia's deepwater ports and inland barge terminals support more than 439,000 jobs throughout the state annually and contribute $25 billion in income, $106 billion in revenue and $2.9 billion in state and local taxes to Georgia's economy. The Port of Savannah handled 8.5 percent of U.S. containerized cargo volume and 10 percent of all U.S. containerized exports in FY2017.

For more information, visit gaports.com, or contact GPA Senior Director of Corporate Communications Robert Morris at (12) 964-3855 or rmorris@gaports.com.

Port-related jobs by region:

Atlanta region: 209,235
Cherokee: 6,202
Clayton: 12,827
Cobb: 32,772
DeKalb: 28,797
Douglas: 3,842
Fayette: 3,948
Fulton: 77,418
Gwinnett: 34,466
Henry: 6,042
Rockdale: 2,921

Coastal region: 58,741
Bryan: 1,083
Bulloch: 4,436
Camden: 1,307
Chatham: 39,025 E
ffingham: 2,386
Glynn: 5,566
Liberty: 4,306
Long: 107
McIntosh: 202
Screven: 324

Northwest region: 25,844
Bartow: 4,206
Catoosa: 1,290
Chattooga: 583
Dade: 305
Fannin: 640
Floyd: 3,450
Gilmer: 678
Gordon: 2,236
Haralson: 584
Murray: 901
Paulding: 2,212
Pickens: 736
Polk: 1,016
Walker: 1,330
Whitfield: 5,677

Georgia Mountains region: 20,823
Banks: 351
Dawson: 725
Forsyth: 6,200
Franklin: 792
Habersham: 1,225
Hall: 7,275
Hart: 604
Lumpkin: 713
Rabun: 446
Stephens: 777
Towns: 323
Union: 680
White: 712

Middle Georgia: 18,540
Baldwin: 1,264
Bibb: 8,898
Crawford: 134
Houston: 4,726
Jones: 423
Monroe: 677
Peach: 866
Pulaski: 264
Putnam: 536
Twiggs: 196
Wilkinson: 557

Central Savannah River Area: 17,939
Burke: 780
Columbia: 3,329
Glascock: 47
Hancock: 146
Jenkins: 140
McDuffie: 599
Taliaferro: 25
Warren: 142
Washington: 2,980
Wilkes: 270
Richmond: 8,698
Jefferson: 648
Lincoln: 134

Northeast Georgia region: 17,726
Barrow: 1,683
Clarke: 5,409
Elbert: 693
Greene: 535
Jackson: 2,204
Jasper: 233
Madison: 394
Morgan: 694
Newton: 2,647
Oconee: 1,072
Oglethorpe: 195
Walton: 1,967

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:14 am   |  Permalink   |  Email

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