The Port of Tacoma is considered an "economic engine" for the region. A study released in July 2005 highlighted the Port's economic impact at both the local and state level:
- More than 43,000 jobs in Pierce County are related to the Port of Tacoma's activities.
- More than 113,000 jobs in Washington State are related to the Port's activities.
- Port-related jobs generate $637 million in annual wages in Pierce County.
- Port activities generate more than $90 million annually in state and local taxes in Washington state.
Washington State is the most trade-dependent state in the nation -- one out of three jobs are related to international trade.
Download the full text of the Economic Impact Study (PDF, 328 kb).
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The study was completed by Martin Associates, a Pennsylvania-based firm that has conducted similar economic impact studies for ports throughout the United States. This study is based on the Port's year 2004 activity levels, a variety of economic analysis models, and more than 600 phone interviews with Port tenants, users, and service providers. Doug Ljungren, the Port's former business planning manager, was the project manager for the study.