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Cruise industry worth $53bn to US economy in 2018

The cruise industry had an economic impact of more than $52.7bn to the United States in 2018, according to a study commissioned by Cruise Lines International Association.

This was an increase of more than 10% since 2016.

Nearly 13m embarkations from US ports

Nearly 13m cruise passengers from around the world embarked from US ports in 2018, an increase of nearly 9% from 2016.

‘The 2018 Economic Impact Analysis highlights the incredible impact the industry continues to have on American businesses and individuals, as well as the growing popularity of cruising amongst passengers of all nationalities and backgrounds,’ CLIA President and CEO Kelly Craighead said.

Record $23.96bn in direct spending

Last year cruise lines, their passengers and crew spent a record $23.96bn stateside, a 33% spike since 2010. Additionally, 2018 saw a new peak in the cruise industry’s US expenditures, generating 421,711 jobs and contributing more than $23.15bn in wages and salaries, a nearly 13% increase since 2016.

The analysis found $28.7bn in indirect supply purchases and merchant payments, as well as induced economic benefits from cruise line and supplier purchases of consumer goods and services.

Top 10 states

With a total of nine cruise ports between them, Florida and California accounted for 68% of the U.S embarkations. Meanwhile, embarkations from the two cruise terminals in New York increased 12% since 2016 and Galveston experienced 13% more embarkations in 2018 compared to 2016.

Florida topped the list of states benefiting from cruising’s economic impact followed, in order, by California, Texas, New York, Alaska, Washington, Georgia, Illinois, New Jersey and Louisiana.

These findings are based on an independent study commissioned by CLIA and conducted by Business Research and Economic Advisors. 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.

The full report is available here.

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