Local Economic Impact

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
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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.