A new study on Ventura County shows the Port of Hueneme as a significant economic contributor to the region.
According to the study, the port generated more jobs last year than it did four years ago, going from 13,633 jobs in 2015 to a record 15,834 jobs in 2018.
Since 2015, the port has seen its economic impact increase from $1.5 billion to $1.7 billion annually. In fiscal year 2018, cargo volumes reached 1.6 million tons, a record high for the port.
“Ventura County has been in a categorical economic slump since the Great Recession, with the county’s major industries showing a lack of job generation,” said Bruce Stenslie, president and CEO of the Economic Development Collaborative. “Offsetting those overall losses, one positive point is export trade, with the port a primary driver of jobs and growth in our local economy.”
For more on the report, visit https://www.portofhueneme.org/wp-content/uploads/2019/05/ExecutiveSummary_Hueneme-5-28-19.pdf
