Global Cruise Industry Contributes $7.97 Billion to Florida's Economy

Florida Ranks First in State Economic Benefits From Cruise Industry; More Than One-Third of Cruise Industry’s Direct Expenditures Spent in Florida More Than $1 Billion in Onshore Spending in Florida From 11.5 Million Cruise Passenger and Crew Visits

Washington, District of Columbia, UNITED STATES


Washington DC, Oct. 04, 2017 (GLOBE NEWSWIRE) -- The global cruise industry contributed $7.97 billion to Florida’s economy in 2016, increasing slightly since 2014 and accounting for 38 percent of the cruise industry’s spending nationwide, according to a new study from Cruise Lines International Association (CLIA), the largest cruise industry trade association and the leading authority of the global cruise community.  

CLIA’s 2016 Economic Impact Analysis, an independent study commissioned by CLIA and conducted by Business Research and Economic Advisors (BREA), shows that the cruise industry’s direct expenditures in Florida generated total economic impacts of 149,020 jobs and $7.1 billion in wages and salaries. In 2016, Florida’s total employment impact increased by 1.8 percent compared to 2014 while the total wage impact rose by 3.9 percent.

“We see positive economic effects of the cruise industry spreading into every state, with Florida at the helm,” said Cindy D’Aoust, CLIA’s president and CEO. “With Carnival Corporation, Royal Caribbean Cruises and Norwegian Cruise Lines just a few of the important industry organizations calling Florida home, Florida is not only the center for cruise launches, it is the capital of nearly all aspects of the cruise industry.”

Cruise Passenger and Crew Spending in Florida

According to CLIA’s study, cruising at Florida ports generated 11.5 million passenger and crew visits, representing nearly half (48 percent) of all passenger and crew visits in the U.S. These visits produced $1.05 billion in passenger and crew onshore spending, or nearly $100 per visit. Resulting from an increase in passenger and crew visits, total passenger and crew spending in Florida increased 1.5 percent from 2014.

“Florida is the first – and remains the only state -- to generate more than $1 billion in annual passenger and crew expenditures,” said D’Aoust.

2016 CLIA Economic Impact Analysis

Florida Total Share of the U.S. (percent)
Passenger Embarkations 7,079,000 60.7
Resident Cruise Passengers 2,932,000 25.5
Total Passenger & Crew Visits 11,541,000 47.9
Direct Expenditures ($ Millions) $7,973 36.8
Total Employment Impact 149,020 38.3
Total Wage Impact ($ Millions) $7,093 34.5


Additional findings from CLIA’s study:

  • More than 7 million (7.08 million) cruisers embarked from one of Florida’s five cruise ports (Port of Miami, Port Everglades, Port Canaveral, Port of Tampa and Port of Jacksonville), accounting for 61 percent of embarkations at all U.S. ports.
  • The cruise industry directly employed nearly 21,000 Floridians, representing approximately 60 percent of the total employment of all cruise lines throughout the U.S.
  • Tourism-related industries received approximately $3.8 billion, or 48 percent of the cruise industry’s $7.97 billion in direct spending in Florida.
  • The manufacturing industry received $1.7 billion, or 21 percent of the direct spending in Florida. The three largest sectors within this industry were the food and beverage manufacturers, petroleum manufacturers and chemical manufacturers that make soap, cleaning and toiletry products.

 Top Ten States

According to CLIA’s study, the top ten states benefitting economically from the cruise industry are:

Top Ten States Benefitting Economically from the Global Cruise Industry

1. Florida 6. Washington
2. California 7. Georgia
3. Texas 8. Illinois
4. New York 9. Massachusetts
5. Alaska 10. New Jersey

Source: CLIA 2016 Economic Impact Analysis

Global Cruise Industry’s Contributions to the U.S. Economy

The growing economic impact from the cruise industry in Florida reflects the industry’s increasing contribution to the U.S. economy. In 2016, cruise lines, their passengers and crew spent a record $21.69 billion in the U.S., up 15 percent since 2011 and representing a new peak in U.S. cruise industry expenditures. Total contributions[1] of the global cruise industry to the U.S. economy reached a record $47.76 billion in 2016, up 3.6 percent from 2014. This includes generating 389,432 U.S. jobs paying more than $20 billion in wages and salaries.

About the CLIA 2016 Economic Impact Analysis

The CLIA 2016 Economic Impact Analysis is an independent study conducted by BREA and commissioned by CLIA. Spending estimates were compiled based on surveys of cruise lines, passengers and crew. Economic impacts of cruise lines, passengers and crew spending were generated using generally accepted input/output methodology. Detailed methodology is outlined in the full report http://cruising.org/docs/default-source/research/us_economicimpact-100217.pdf?sfvrsn=2

About Cruise Lines International Association (CLIA) – One Industry, One Voice

Cruise Lines International Association (CLIA) is the world’s largest cruise industry trade association, providing a unified voice and leading authority of the global cruise community. The association has 15 offices globally with representation in North and South America, Europe, Asia and Australasia. CLIA supports policies and practices that foster a safe, secure, healthy and sustainable cruise ship environment for the more than 24 million passengers who cruise annually and is dedicated to promote the cruise travel experience. Members are comprised of the world’s most prestigious ocean, river and specialty cruise lines; a highly trained and certified travel agent community; and cruise line suppliers and partners, including ports & destinations, ship development, suppliers and business services. The organization’s mission is to be the unified global organization that helps its members succeed by advocating, educating and promoting for the common interests of the cruise community. For more information, visit www.cruising.org or follow Cruise Lines International Association on CLIA Facebook and Twitter pages.


[1] Total economic contributions include direct, indirect and induced impacts. This includes direct spending by cruise lines and passengers, including food and beverages, fuel, financial and business services and entertainment in support of cruise operations, as well as the goods and services purchased by the directly impacted businesses and employees from other B2B and B2C enterprises.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4c9dfc6d-5eaa-4920-804e-88bc1e9a0fc7


        

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