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Study Shows Positive Economic Impact for Port of Brownsville

[ August 27, 2019   //   ]

In Texas where a trade-friendly economy is growing, the Port of Brownsville supports a total of $3

billion in total economic activity for the state and is responsible for more than 51,000 jobs within the borders.

Such findings are based on an independent analysis conducted by Martin Associates on port activity for the 2018 calendar year.

The Port of Brownsville has become a major center for industrial development with over 230 companies doing business in the region. Furthermore, 51,468 jobs in Texas are related to the cargo moving through the marine terminals and activity at the ship building and rig repairs. Personal income from such employment totaled at $2.6 billion. In addition, a total of more than $200 million in tax revenue were generated by activities at the port.

The study found 8,500 local jobs are supported by $151.3 million of local purchases by business supplying services at the marine terminals and by business dependent upon the port for ship and receipt of cargo.

The analysis was based on interviews from firms providing services to the cargo and vessels handled in marine terminals at the navigation districts. Impacts measured were jobs, employee earnings, business revenue and state and local taxes.