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Thursday, February 22, 2024
Home Port News Houston Ship Channel generates over US$900 billion economic value to the US

Houston Ship Channel generates over US$900 billion economic value to the US

Results from the John Martin Associates study showed that in 2022, the Houston Ship Channel generated US$$906 billion of economic value to the United States, representing a 13% increase since 2018, when the study was last conducted.

Marine cargo activity at the Houston Ship Channel terminals generated US$439 billion of economic value for the state of Texas.

Additionally, in 2022, the Houston Ship Channel and its terminals also supported 3.4 million jobs across the country, including 1.5 million Texas jobs.

Chairman Campo expressed pride and profound gratitude to Port Houston staff, partners, community, stakeholders, labor, and industry, including the International Longshoremen's Association, the US Coast Guard, and US Army Corps of Engineers, as well as the Port Commission for its guidance and commitment to supporting this "trajectory of growth".

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