American Association of Port Authorities

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Economist John C. Martin, Ph.D., president of Lancaster, Pa.-based Martin Associates, said U.S. Bureau of Economic Analysis formulas show that investing nearly $155 billion in capital projects at U.S. ports would create about 1.6 million direct, indirect and induced domestic jobs, accounting for approximately 3.3 billion person-hours of work over the period of the investment.

Ports To Invest $154.8 Billion In Infrastructure Improvements Over 5 Years

The combined $155 billion, 5-year investment that U.S. ports and their private sector partners are planning represents a more than three-fold increase over the combined $46 billion figure obtained from the same survey five years ago.

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Economist John C. Martin, Ph.D., president of Lancaster, Pa.-based Martin Associates, said U.S. Bureau of Economic Analysis formulas show that investing nearly $155 billion in capital projects at U.S. ports would create about 1.6 million direct, indirect and induced domestic jobs, accounting for approximately 3.3 billion person-hours of work over the period of the investment.

Ports To Invest $154.8 Billion In Infrastructure Improvements Over 5 Years

The combined $155 billion, 5-year investment that U.S. ports and their private sector partners are planning represents a more than three-fold increase over the combined $46 billion figure obtained from the same survey five years ago.