The Michigan Port Collaborative has released a report highlighting the $19.7 billion economic impact produced by Michigan’s ports and harbors, $15.4 billion of which was produced by water-based tourism and recreation.
The study noted that water-based tourism and recreation economic impacts are nearly four times that of commercial economic impacts. The study also found that port and harbor water-based tourism economic activity supports an approximate 124,892 full-time equivalent jobs around the state.
“The impact of our industry in the state is often underestimated and seen as ‘seasonal,’” says Michigan Boating Industries Association Executive Director Nicki Polan. “This report is proof our industry is great and is a large contribution to our state and federal economy.”
To view the report, visit michiganportcollaborative.com.
