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CRUISE CLIA $150bn:yr.jpeg

How much is cruising's pause hurting economies? A lot, by CLIA's tally

Should the global cruise suspension continue for 60 days, the economic loss worldwide would be $21bn, 150,000 jobs and $7.3bn in wages, according to Cruise Lines International Association.

CLIA said each day of suspended cruises results in the loss of 2,500 jobs.

Should the suspension stretch 90 days, the worldwide impact would be an economic loss of $32bn, 222,000 jobs and $11bn in wages.

According to CLIA, cruising contributes $150bn annually to the global economy, supporting 1.17m jobs.

'We know that for every 1% drop in cruising that occurs worldwide, up to 9,100 jobs can be lost,' the association said. 'However, suspending operations is the right thing to do as the world works to address this challenge.'

Ready to contribute to recovery when time is right

Given its hefty impact, 'cruising will be a significant contributor to fueling the economic recovery,' CLIA added. 'We will focus our attention and our conversations on that issue when the time is right ... We plan to do our part to contribute to and fuel the global economic and societal recovery.'

Here are some country by country, regional and state impacts, all calculated by CLIA.

United States

In the US the cruise industry generates $53bn in total economic impact and $24bn in direct spending and supports more than 421,000 jobs and $23.15bn in wages and salaries each year (based on the latest 2018 figures).

Of the 1.17m industry-supported jobs worldwide, nearly 40% are US jobs. Every 30 cruisers leaving from a US port supports one American job.

According to CLIA, every 1% drop in cruising from the US means more than 2,000 jobs can be lost.

Beginning in mid-March up until the end of April, the estimated direct impact of the suspension of cruising stateside will be a loss of $2bn in direct spending and 15,422 American jobs, representing $670m in direct wages. The full economic impact could reach almost $4.6bn lost, representing 31,000 jobs with an average wage of $51,300 each.

Each day of the suspension results in a total economic impact loss of about $92m and the loss of more than 300 direct jobs and 620 total jobs.

Should the suspension continue through May, the impact will be a direct loss of $3.43bn, representing 26,700 jobs and $1.16bn in direct wages. The total economic loss would be $7.84bn, representing 53,160 jobs and $2.73bn in total wages.

Should the suspension continue through June, CLIA projects a total economic loss for the US of $11.1bn, representing 75,230 jobs and $3.87bn in total wages.

Florida

In Florida, cruising contributes nearly $8.5bn in direct spending annually and supports 154,646 jobs (direct, indirect and induced), representing $7.7bn in total wages and salaries.

As many as 240 Florida jobs are lost each day cruise operations are suspended. Beginning in mid-March through the end of April, this translates into the direct loss of $685m in direct spending in the state and a loss of 11,940 jobs and $620m wages.

If the suspension continues through June, the loss in direct spending will be $1.6bn with 27,900 jobs and $1.45bn in wages going away.

Significant impacts are seen across other states, particularly Alaska, California, New York, Louisiana, Washington, Georgia, New Jersey, Illinois, Maryland and South Carolina — for which CLIA has tallied specific estimates.

Europe

In Europe the cruise industry generates €53bn annually and supports nearly 215,000 direct jobs paying €6.5bn in wages and 435,000 total jobs paying €14bn in wages.

Nearly 40% of the worldwide jobs supported by cruising are in Europe. Every €49,000 spent directly by cruise passengers, crews and cruise lines there generates one job in the EU.

For every 1% drop in cruising from Europe, up to 3,500 jobs can be lost. Each day of the suspension results in the loss of nearly 400 direct jobs and 800 total jobs.

Should the suspension continue for 60 days, the total economic loss, according to CLIA, would be about €8bn, 48,000 jobs and €2bn in wages. A 90-day suspension would raise those numbers to a loss of about €13bn, 77,000 jobs and €3.2bn in wages.

UK

The cruise industry generates €11.2bn annually for the United Kingdom, supporting 40,517 direct jobs paying €1.5bn in wages and 88,519 total jobs paying €3.5bn.

Each day of the suspension results in the loss of 55 direct jobs and 139 total jobs.

A 60-day suspension would result in a total economic loss of about €1.6bn, 8,359 jobs and €513m in wages. Should the suspension extend for 90 days, the result would be a total loss of about €2.7bn, 13,788 jobs and €847m in wages.

Germany

In Germany, cruising annually generates €6.6bn, supporting more than 21,000 direct jobs paying €885m in wages and 48,455 total jobs paying €1.8bn.

Each day of the suspension results in the loss of 67 direct jobs and 135 total jobs.

For a 60-day suspension, the total loss would be about €1.3bn, 8,082 jobs and €361m in wages. A 90-day suspension would raise those numbers to a loss of about €2bn, 12,773 jobs and €571m in wages.

CLIA also tallied specifics for France, Italy, Spain, Greece and Norway.

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