The Washington Maritime Federation released the Washington State Maritime Sector Economic Impact Study 2017 Update. This study updates the seminal 2013 study of the same name and provides a detailed analysis of the positive economic impact of the state’s maritime industry.
The study finds the maritime sector directly supported 69,500 jobs, nearly $4.7 billion in wages, and $17.1 billion in business revenue in 2015. The average wage for a maritime worker was $67,000 in 2015 compared to the statewide average of $56,700, a significant increase over the 2013 study. For every direct job in maritime, an additional 1.8 jobs are supported through secondary impacts. When these indirect and induced impacts are factored in, the sector provided 191,000 jobs and $37.8 billion in revenue statewide.
“This study builds upon past efforts and clearly shows the maritime industry is a cornerstone of the State’s economy, providing family wage jobs and real opportunities for the next generation of maritime workers. We’ve seen consistent growth across all subsectors of the industry since the 2013 study release and we feel confident about the continued growth of maritime in the years to come,” said Washington Maritime Federation Director Mark Gleason.
Jon Talton, The Seattle Times
Download the 2017 Washington State Maritime Sector Economic Impact Study here.
Download the 2017 Washington State Maritime Sector Economic Impact Study Infographic here.
“Ties that Bind” is report by the McDowell Group that documents the dynamic and diverse economic relationship that grows stronger each year between Alaska and Puget Sound.
Just as Alaska is economically dependent on Puget Sound as a service, supply, and transportation hub, Puget Sound derives billions of dollars in economic benefits from its powerful connections with Alaska. Those connections include the movement of millions of tons of freight and millions of passengers between Alaska and Puget Sound. Puget Sound provides essential support to Alaska’s seafood industry and other maritime sectors, as well as a critical market for Alaska’s crude oil. Important links in health care, education, and other sectors are all part of the fabric that connects Puget Sound and Alaska.
Heather Haugland, McDowell Group Senior Project Manager, presented the report to the Seattle Propeller Club. Below you can download the presentation which highlights key report findings.
Maritime industry worth $30 billion to state economy - Seattle Times
"As the second day of Seattle’s Pacific Marine Expo kicked off Thursday, the buzz among the attendees — fishermen and legislators alike — was a newly released economic report boasting of Washington’s $30 billion maritime industry.
"In the state, a maritime industry that traces its roots back to Hudson’s Bay Co.’s commissioning of the S.S. Beaver, the first steamship in the Pacific Northwest, generates $15.2 billion in direct revenues and is responsible for 57,700 jobs.
"When combined with indirect revenues, the numbers increased to $30 billion and more than 148,000 jobs in 2012, according to the comprehensive study commissioned by the Economic Development Council of Seattle and King County and the Workforce Development Council of Seattle-King County."
To read the full article, please click on the link below:
Alaska Seafood Industry has Significant Impact on Washington's Economy
More than 50 fishing industry leaders attended a breakfast at Ivar's Salmon House on August 28th to help launch the release of the Alaska Seafood Marketing Institute's (ASMI) report on the economic value of Alaska's seafood industry.
Andy Wink of the Alaska-based research firm the McDowell Group presented data from the report, the first of its kind, showing the economic importance of the Alaska seafood industry on the rest of the country, specifically the Pacific Northwest.
The North Seattle Industrial Association, King County Maritime, Port of Seattle, Pacific Marine Expo, ASMI and Ivar's hosted the breakfast.
The complete study is here:
Join the celebration of our working waterfront this April through June during the Harley Marine Seattle Maritime Festival. Key Dates:
Seattle Propeller Club Luncheon
Duwamish Clean-Up/Earth Day
Stories of the Sea
Highliner Public House
Walking tour of Fishermen’s Terminal
Family Fun Day
@ Seattle Maritime Academy
4455 Shilshole Ave NW
Just east of the Ballard Bridge
Experience Maritime! Don’t miss the free fun including interactive displays, three Ship Canal Boat Tours, kid’s activities, demonstrations, and other special events
Maritime Festival Breakfast
Marriot Waterfront Hotel
NOAA Open House
12 p.m. - 6:30 p.m.
Western Regional Center
7600 Sand Point Way NE
Seattle Propeller Club Luncheon
All events subject to change.