Study Results Detail Cruise Industry's $35.7 Billion Contribution to U.S. Economy
Cruise Industry Spending Supports 348,000 Jobs, Impacts Every State
FORT LAUDERDALE, Fla., Aug. 29 /PRNewswire-USNewswire/ -- The North
American cruise industry last year generated $35.7 billion in gross U.S.
economic output and supported 348,000 American jobs paying $14.7 billion in
wages, according to a new report prepared for Cruise Lines International
Association (CLIA).
(Photo: http://www.newscom.com/cgi-bin/prnh/20070829/NYW023 )
The report shows total cruise industry spending increased by 10 percent
in 2006 and finds that the overall spending had an impact in all 50 states.
Direct purchases by the cruise lines for goods and services such as
food and beverage, fuel, equipment, business services, port services,
vessel maintenance and repair as well as purchases by crew and passengers
of goods and services related to cruising, including pre- and post-cruise
stays, airfare and lodging, totaled $17.6 billion in 2006. Adding the
indirect economic impacts, such as transportation services to deliver
finished products to the cruise lines and utilities needed to run
manufacturing equipment, the total economic impact generated by the cruise
industry was $35.7 billion.
The economic impact of the cruise industry reached into every state,
with 79 percent of direct purchases and 83 percent of total employment and
income concentrated in 10 states: Florida, California, Texas, Alaska, New
York, Hawaii, Georgia, Washington, Illinois and Massachusetts. U.S. ports
also saw the benefits from a growing cruise industry. Embarkations at U.S.
ports increased by over 4 percent, totaling 9 million, and accounted for 75
percent of total global embarkations.
The Contribution of the North American Cruise Industry to the U.S.
Economy in 2006 study was conducted by Business Research & Economic
Advisors (BREA) in Exton, Pa., and analyzes the economic benefits to the
U.S. economy from five principal sources: spending by cruise passengers and
crew; shoreside staffing by cruise lines in U.S. cities; expenditures by
cruise lines for goods and services; cruise line spending for U.S. port
services; and expenditures in U.S. shipyards for maintenance and repair.
"Given North America's importance in the global cruise market, it is
gratifying to report that it is also hits the mark on such critical
economic factors as spending output and employment," said Terry L. Dale,
CLIA's president and CEO. "The U.S. economic benefits for 2006 reflect what
we believe is a healthy rate of growth that supports an expanding
industry."
Among the factors behind the 2006 economic impact:
-- In 2006, 12 million people worldwide took a cruise vacation, an
increase of 7 percent over 2005.
-- U.S. residents accounted for 78 percent of the industry's total
passengers.
-- The top 10 U.S. cruise ports by cruise embarkations in 2006 were:
Miami, Port Canaveral, Port Everglades, Galveston, Los Angeles, New
York, Tampa, Long Beach, Seattle and Honolulu.
-- Based on passenger survey data, approximately 40 percent of embarking
passengers stayed one or more nights in a port city and averaged $289
per visit.
-- Global industry revenues increased 7 percent to $20.6 billion.
-- The $17.6 billion in direct spending created over 153,800 direct jobs
paying $5.7 billion in wages.
-- By year-end 2006, the cruise industry's fleet had increased to 151
vessels with a combined capacity of 249,691 lower berths.
-- The cruise industry operated in 2006 at an occupancy rate of 104
percent.
The full economic study and summary can be downloaded from CLIA's Web
site, www.cruising.org. Information on the top states benefiting from
cruise industry purchases also can be found on CLIA's Web site for:
Florida, California, Texas, Alaska, New York, Hawaii, Washington, Illinois,
Massachusetts, Pennsylvania, Maryland and Louisiana.
About CLIA
The nonprofit Cruise Lines International Association (CLIA) is North
America's largest cruise industry organization. CLIA represents the
interests of 24 member lines and participates in the regulatory and policy
development process while supporting measures that foster a safe, secure
and healthy cruise ship environment. CLIA is also engaged in travel agent
training, research and marketing communications to promote the value and
desirability of cruise vacations and counts as members 16,500 travel
agencies. For more information on CLIA, the cruise industry, and
CLIA-member cruise lines and travel agencies, visit www.cruising.org.
SOURCE Cruise Lines International Association
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