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Port Jobs Increase 47 Percent in Two Years, Study Finds

Businesses located on port tidelands in and around San Diego Bay generated direct spending of $5.2 billion in 2005, up 58 percent from 2002, according to a draft report submitted to the Port of San Diego, and released June 12.

The study by Economic Research Associates showed the businesses on the port tidelands also accounted for 30,468 jobs, up 47 percent from two years ago.

When measuring both direct and indirect impacts of dollars from businesses, the port district generated a total economic impact of $10.7 billion, up 27 percent from 2002, accounting for 77,138 jobs, according to the ERA draft report.

Of the two main categories of business analyzed, those in the industrial and trade sector had a far bigger impact than those in the travel and commercial sector.

The former, which includes shipyards, boatyards, manufacturers and maritime trade companies, generated direct revenue of $4 billion, and 14,950 direct jobs.

Travel and commercial, which includes hotels, marinas and retail businesses, generated $1.2 billion in direct revenue, and 15,518 jobs.

Although the latter category was bigger, the average compensation for the trade and industrial category was $79,706, which was 26 percent higher than the average personal income in the county that year, the study found.

The study also found port businesses produced $41.1 million in property, sales and hotel taxes for the five member cities that belong to the port district, which was up 13 percent from 2002. The city of San Diego gathered the largest haul of that amount with $34.5 million, while the next largest amount went to Coronado with $5 million.

The study was done for the port district at a cost of $150,000.

, Mike Allen

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