News Summary
Georgia’s port activities are a significant economic driver, supporting 650,965 jobs across various sectors. A recent study reports a 7% growth in employment due to ports, crucial for industries like transportation and manufacturing. The ports also generate substantial tax revenues and maintain vital roles in international trade. Governor Brian Kemp highlighted Georgia’s recognition as the top business state, bolstered by the infrastructure provided by the Ports of Savannah and Brunswick, contributing to ongoing economic development.
Port Activity in Georgia Supports Nearly 651,000 Jobs
Georgia’s port activity is a substantial contributor to the state’s economy, supporting 650,965 full-time and part-time jobs across various sectors. A recent economic impact study conducted by the University of Georgia’s Terry College of Business revealed that this number represents an increase of 41,770 jobs, or a 7% growth, compared to fiscal year 2023. The ports now account for 12% of total state employment, underscoring their significance in job creation statewide.
Governor Brian Kemp noted that Georgia has been recognized as the No. 1 state for business, a designation made possible by the reliable infrastructure and economic advantages provided by the Ports of Savannah and Brunswick.
Significant Economic Contributions
The economic impact study highlights the role of Georgia’s deepwater ports as critical engines for nearly every industry, including transportation, logistics, wholesale/distribution, warehousing, manufacturing, agriculture, forestry, and mining. This diverse contribution reflects the ports’ vast reach across the economy.
In terms of international trade, the top three export commodity groups from Georgia’s ports for fiscal year 2024 included forest products, food, and automotive cargo. Conversely, the leading import categories were machinery, retail goods, and furniture. This variety illustrates the ports’ vital role in facilitating not only exports but also crucial imports that fuel local businesses and services.
Tax Revenue Generation
Georgia’s ports also play a vital role in generating tax revenue, yielding approximately $10 billion in federal taxes, $3 billion in state taxes, and another $3 billion in local taxes annually. This significant financial impact demonstrates the ports’ contribution to the state’s overall fiscal health.
Operational Overview
The Port of Savannah is noted for its extensive operations, accommodating 35 weekly vessel services and enabling 14,000 to 16,000 truck moves per day as well as 42 double-stack trains per week. These statistics highlight the port’s capacity to handle a vast volume of cargo efficiently.
Meanwhile, the Port of Brunswick has established itself as the busiest U.S. gateway for automobiles and heavy equipment. In 2024, it successfully moved 901,000 units of Roll-on/Roll-off cargo, showcasing its significance in the automotive logistics sector.
Collaboration and Future Outlook
The Georgia Ports Authority (GPA) highlights the collaborative efforts among government and industry leaders as a key factor in the growth of jobs associated with the ports. The findings from the economic impact study, titled “The Economic Impact of Georgia’s Deepwater Ports on Georgia’s Economy in FY 2024,” build upon a series of similar studies previously conducted by the Selig Center for Economic Growth.
As Georgia moves forward, the continued emphasis on enhancing port facilities and operations is expected to support ongoing job growth and economic development, ensuring that the state remains at the forefront of international trade.
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Additional Resources
- WALB: Georgia Ports Reports Significant Job Growth 2023-2024
- WJCL: Georgia Ports Economic Impact
- FreightWaves: Savannah Containers Post Best FY Since Pandemic
- Wikipedia: Port
- Google Search: Georgia ports economic impact
Author: STAFF HERE SAVANNAH WRITER
SAVANNAH STAFF WRITER The SAVANNAH STAFF WRITER represents the experienced team at HERESavannah.com, your go-to source for actionable local news and information in Savannah, Chatham County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Savannah Music Festival, St. Patrick's Day Parade, and Savannah Jazz Festival. Our coverage extends to key organizations like the Savannah Area Chamber of Commerce and United Way of the Coastal Empire, plus leading businesses in aerospace, education, and logistics that power the local economy such as Gulfstream Aerospace, Savannah College of Art and Design, and Colonial Group. As part of the broader HERE network, including HEREAtlanta.com and HEREAugusta.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.
