MOBILE, Ala. – The Alabama Port Authority announced Oct. 24 the results of its 2021 Economic Impact Study (EIS), which shows the Port of Mobile, harbor-wide delivered $85B in value to the state in 2021. In addition, economic activity at the port creates about one in seven jobs statewide. The economic activity from the Port and related businesses also provides $2B in tax revenue. Compared to CY 2019, the results show a 217% increase in overall economic impact, 94% increase in jobs, and a 225% increase in tax revenues. "These results are cause for celebration throughout Alabama,” said U.S. Senator Richard Shelby (R-Ala.), Vice Chairman of the Senate Appropriations Committee. The highest growth was in the container cargo, lumber and liquid bulk sectors. The Port of Mobile is the fastest-growing container terminal in the U.S. over the past five years (54.9 percent volume growth since 2017). (Alabama State Port Authority 10/24/22) The full economic impact report and executive summary are available online at www.alports.com/economic-impact.
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