Local Economic Impacts

November 18, 2011

Martin Associates – Lancaster, PA

These results of the Port of Milwaukee Economic Impact Study isolate the economic impacts created by all cargo and vessel activity at the Port of Milwaukee. The impacts include cargo moving on Canadian flag, U.S. flag, and foreign flag vessels to and from the Port.

The Martin Associates’ study team conducted detailed interviews with marine terminal operators, service providers, railroads, port tenants and other stakeholders at the Port of Milwaukee. All firms were contacted by telephone and interviewed to collect the data required to assess direct impacts.

The impacts are measured for the year 2010. Below is a summary of the results. CLICK HERE for the complete study.

The Port of Milwaukee Economic Impact Study Results for 2010

 Employment

Direct Jobs . . . . . . . . . . . . . . . . . . . . . . .  624

Induced Jobs . . . . . . . . . . . . . . . . . . . . . . 498

Indirect Jobs . . . . . . . . . . . . . . . . . . . . . .  294

Total Jobs . . . . . . . . . . . . . . . . . . . . . . . .1,416

 

Personal Income

Direct (1,000) . . . . . . . . . . . . . . . . . . . $28,674

Re-spending/Local

    Consumption (1,000) . . . . . . . . . . .  $62,136

Indirect (1,000). . . . . . . . . . . . . . . . . . $12,020

Total (1,000). . . . . . . . . . . . . . . . . . . .$102,830

 

Business Revenue (1,000)_______     $145,827

Local Purchases (1,000)__________    $24,025

State Taxes (1,000)______________    $11,311

Federal Taxes (1,000____________    $18,509

Total Taxes (1,000). . . . . . . . . . . . .    $29,820

 

Note: Totals may not add due to rounding.