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Saturday, May 9, 2020 | History

2 edition of Impact of North Carolina ports on the North Carolina economy found in the catalog.

Impact of North Carolina ports on the North Carolina economy

Paul F. Mulligan

Impact of North Carolina ports on the North Carolina economy

final report

by Paul F. Mulligan

  • 351 Want to read
  • 17 Currently reading

Published by North Carolina Dept. of Transportation in Raleigh .
Written in English

    Places:
  • North Carolina,
  • North Carolina.
    • Subjects:
    • Harbors -- North Carolina.,
    • North Carolina -- Economic conditions.

    • Edition Notes

      Includes bibliographical references.

      Statementby Paul F. Mulligan and Raymond L. Collins ; prepared for North Carolina Department of Transportation and Highway Safety.
      ContributionsCollins, Raymond L., joint author., North Carolina. Dept. of Transportation and Highway Safety.
      Classifications
      LC ClassificationsHE554.A3 M84
      The Physical Object
      Pagination167 leaves in various foliations :
      Number of Pages167
      ID Numbers
      Open LibraryOL5018226M
      LC Control Number76621909

        It’s no secret that North Carolina is a hotbed of business and population growth in the Southeast. Its cities are repeatedly chosen as one of the best places to live, work, raise a family, or go. According to the Bureau of Economic Analysis, the state's total gross state product was $ billion, making it the ninth wealthiest state in terms of gross domestic product. Its per capita personal income was $33,, placing 36th in the nation. North Carolina's agricultural outputs include poultry and eggs, tobacco, hogs, milk, nursery stock, cattle, sweet potatoes, and soybeans.

        “This study is a testament of NC Ports’ commitment to driving business to North Carolina and fructifying our economy.” The study was conducted by the Institute for Transportation Research and Education at North Carolina State University. Researchers examined figures from July 1, , to J , to conduct the economic assessment. 4 The Economic Impact of the South Carolina Ports Authority ∞ The total economic impact that comes about through the SCSPA yields a statewide employment multiplier of This implies that, on average, for every 10 jobs that are directly supported by SCSPA port operations or portFile Size: KB.

      The Maritime Heritage Foundation of Beaufort, North Carolina Inc. engaged ConsultEcon, Inc. to evaluate short and long range project planning, recommend improvements and assess the economic impacts of the proposed new North Carolina Maritime Museum and Maritime Campus at Gallants Channel on Carteret County and the State of North Carolina. According to a economic impact study conducted by the University of South Carolina Darla Moore School of Business, port operations facilitate , jobs across South Carolina (one in every 10 jobs) paying 32% higher than the state's average wage. The study attributes nearly $63 billion in annual statewide economic activity to port Headquarters: Charleston, SC.


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Impact of North Carolina ports on the North Carolina economy by Paul F. Mulligan Download PDF EPUB FB2

Taxes generated by economic activity through the Ports provide additional contributions to local communities and the state of North Carolina. An estimate of approximately $ million in sales, property, corporate, and personal taxes was received by state and local governments due to activity supported by the Size: 1MB.

North Carolina’s Ports Make Major Economic Impact on State. Novem Wilmington, N.C. – North Carolina’s Ports support more t jobs statewide, according to a new economic impact study presented to the North Carolina State Ports Authority Board of Directors today.

The economic impact study, conducted by the Institute for Transportation Research and Education (ITRE) at N.C.

The economic contribution of the existing deepwater ports in North Carolina foster economic development across the state. Key components of economic contribution, including direct, indirect, and induced contributions to gross revenue (business output), employee compensation, jobs, and tax collections were analyzed.

A photo from the Port of Wilmington adorns the cover of the Economic Impact Study of North Carolina's ports. (NC Ports) North Carolina’s ports in Wilmington and Morehead City contribute about $ billion to the state’s economy every year, according to a recent study.

The Economic Impact Study was conducted by the Institute for Transportation Research and Education at N.C. North Carolina’s ports in Wilmington and Morehead City contribute about $ billion to the state’s economy every year, according to a recent study.

The Economic Impact Study was conducted by the Institute for Transportation Research and Education at N.C. State University, stated a news release from the ports Thursday afternoon.

The economic contribution calcluation is based on. North Carolina’s Ports support more t jobs statewide, according to a new economic impact study presented to the North Carolina State Ports Authority Board of Directors today.

The North Carolina State Ports Authority (NCSPA) commissioned the Institute for Transportation Research and Education (ITRE) at NC State University to assess the economic contribution of the state’s ocean ports for the period June 1, tothe latest full-year dataset available.

Get this from a library. Impact of the State Ports Authority upon the economy of South Carolina. [David R Pender; Ronald P Wilder]. The first level, narrow in scope, calculates the impact based on visitor expenditures using the Travel Economic Impact Model (TEIM).

On an annual basis, the Research Department of the U.S. Travel Association prepares direct visitor spending estimates for all North Carolina counties, as well as county level employment, payroll and tax. Welcome to the North Carolina Ports of Wilmington and Morehead City. Learn more about port capabilities, terminal information and the latest news.

Tighter labor market conditions have spurred wage growth. North Carolina and most of its neighboring states reached pre-recession per capita wage and salary levels inand growth has continued throughout State Job Growth by Industry.

North Carolina's economy continued to generate jobs for the eighth straight year. Study Shows North Carolina Ports Contributes $B and more t Jobs Annually to State’s Economy Janu Wilmington, N.C.

– North Carolina’s ports in Wilmington and Morehead City contribute approximately $ billion to the state’s economy every year, according to a Economic Impact Study conducted by the Institute for Transportation Research. N.C. PORTS - REPORT OF IMPACT OF THE NORTH CAROLINA PORTS ON THE STATE ECONOMY (EXECUTIVE SUMMARY) This report documents the important impact of North Carolina's two deep-water Ports on the economy of the State.

The Ports' significance is presented as effects on employment, income, industrial development and other economic factors. The Ports of Wilmington and Morehead City serve as key economic engines, provid direct and indirect jobs, and contributing $14 billion to the state's economy with goods moving through.

: Ports. Both of North Carolina’s Ports are in ideal locations for serving the Eastern United States. And our on-site capabilities enable carriers to experience quicker turnaround times than at other ports.

North Carolina Ports offers next-day transit service between Wilmington and Charlotte via the Queen City Express and Charlotte Inland Port. North Carolina - North Carolina - Economy: North Carolina’s economy was based mainly on the growing of tobacco in the s and s and on the manufacture of tobacco products and textiles in the early s.

While these activities remain important segments of the state’s economy, they have largely been overshadowed by other industries and services. A new book from Michael Walden, North Carolina Beyond the Connected Age: The Tar Heel State inlooks at all of the economic drivers that will play a role in shaping North Carolina over the coming decades – and what that will likely mean for North Carolina’s economy and institutions.

North Wilmington Street Raleigh, North Carolina () Census The mission of North Carolina Ports is to grow the economy of North Carolina by supporting and improving the state’s global logistics network. CONTACT INFO Call () /5(16). Data extracted on: Source: U.S.

Bureau of Labor Statistics Note: More data series, including additional geographic areas, are available through the "Databases & Tables" tab at the top of this page. North Carolina includes the following metropolitan areas for which an Economy At A Glance table is available.

Asheville, NC; Burlington, NC. Economy North Carolina's Economy revolved around Carolina's rivers and ports. Before the eight Lords and Proprietors went to rule Carolina they had to hire someone to tell them what North Carolina was like and to help get people to go to start their economy, William Hilton of .In early the North Carolina State Ports Authority (NCSPA) conceived its proposal for a North Carolina International Terminal to be created on property that it purchased just north of the town of Southport, NC between the Progress Energy Brunswick Nuclear Power Plant and the Sunny Point Military Ammunitions Port.

The NCSPA purchased the property in early for $30 million from Pfizer. Contact N.C. Department of Transportation Mail Service Center Raleigh, NC Send Message.