Economic Impacts: Houston
Houston Port Authority Chair Janiece Longoria Announces Port Job Creation, Economic Impact
Nearly 148,000 new jobs have been generated by cargo and vessel activity at Port of Houston terminals since 2011, Port of Houston Authority Chairman Janiece Longoria announced October 30 during the Greater Houston Partnership’s annual State of the Port event.
An economic impact study commissioned by the port authority determined that public and private marine terminals at the Port of Houston had a statewide economic impact in 2014 of $265 billion, or 16 percent of Texas’ total gross domestic product, Chairman Longoria said. The study shows the port’s economic value to the state since 2011 increased $82 billion, or 45 percent.
Port of Houston marine terminals support nearly 1,175 million in the state of Texas.
A 2011 assessment of the Port of Houston Authority’s activities found an annual statewide economic impact of $178.5 billion and more than 1 million jobs.
The Greater Houston Partnership supports area business leaders in a community-driven mission to champion the growth and success of the Houston region. Chairman Longoria serves on the partnership’s board of directors.
Download the full economic impact report.