Study: California Ports a Major Economic Generator for U.S.

Study: California Ports a Major Economic Generator for U.S.

Ports in California account for billions in tax revenue and millions of jobs in the United States, according to a new study prepared by Washington-based consulting firm BST Associates. The study was first shared with state lawmakers in February for Ports Day 2023, a yearly day of advocacy for the California Association of Port Authorities (CAPA). According to the study, California ports generated $416 billion in trade value in 2020, $38.1 billion in tax revenue, and an estimated 3.1 million jobs, including over 800,000 export-related jobs and close to 2.3 million import-related jobs. These jobs, according to the study, create…
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