SeaPort Manatee’s annual impact surges past $5.1 billion

August 22, 2022

Home » SeaPort Manatee’s annual impact surges past $5.1 billion
PALMETTO, Florida – SeaPort Manatee’s annual economic impact has surged to more than $5.1 billion, up 30 percent from just two years earlier, while the number of jobs generated by the seaport has grown more than 37 percent, to 37,287, according to a study report released today [Tuesday, Aug. 16]. The study was conducted by Lancaster, Pennsylvania-based Martin Associates, which has performed more than 1,000 such assessments worldwide over the course of four decades. It is modeled upon the fiscal year ended Sept. 30, 2021, during which SeaPort Manatee broke multiple cargo records, including registering a 53.3 percent year-over-year increase in containerized cargo activity. “The latest impact figures underscore the escalating role SeaPort Manatee is playing in the economic well-being of Manatee County and beyond,” said Reggie Bellamy, chairman of the Manatee County Port Authority. “With continuing increases in seaport activity, the impacts as of today are likely even more impre ....

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