Economic Importance of Trade & the Ports to Southern California
About the study
The study, conducted by the California Center for Jobs and the Economy, provides valuable insights into the economic contributions of the San Pedro Port Complex (Ports of Long Beach and Los Angeles) on local, regional, state, and federal levels. The study also cautions that these contributions may be jeopardized if the South Coast Air Quality Management District (SCAQMD) advances their draft concept of the Ports Indirect Source Rule (Ports ISR).
Key highlights
226,000 Regional Jobs
Combining direct, indirect, and induced effects, operations directly related to the ports in 2022 supported an estimated 226,000 jobs.
$19.93 Billion in Labor Income
In 2022, jobs related to port activities generated $19.93 billion in labor income (compensation including benefits).
3.1 Million Jobs Nationally
Including related jobs, one out of every 51 jobs nationwide is supported by the Ports of Long Beach and Los Angeles.
$27.69 Billion to Regional GDP
The ports contributed more than $27.69 billion in value added (regional GDP) in 2022.
$48.47 Billion Total Output
The ports contributed more than $48.47 billion in total economic output in 2022.
$2.7 Billion in State & Local Taxes
From the Southern California portion, the ports supported $2.7 billion in state and local tax revenue in 2022.
Resources
Click to view and download the economic study executive summary and fast facts.