Table 4 Economic Impact of Georgia’s Deepwater Ports on Output (Revenue), Income, and State GDP in Georgia, Fiscal Year 2021 (millions of 2021 dollars) Direct Economic Impact on Output/Revenue Ports Industry Savannah Cargo-Based Activity Brunswick Cargo-Based Activity Ports Investment Private Facilities/Docks Ports Users Total Output/Revenue Impact 4,739 4,219 213 106 201 77,800 82,540 Direct Economic Impact on Income Ports Industry Savannah Cargo-Based Activity Brunswick Cargo-Based Activity Ports Investment Private Facilities/Docks Ports Users Total Income Impact 1,675 1,500 68 30 77 13,870 15,544 Direct Economic Impact on State GDP Ports Industry Savannah Cargo-Based Activity Brunswick Cargo-Based Activity Ports Investment Private Facilities/Docks Ports Users Total State GDP Note: 2,326 2,075 101 52 99 26,654 28,980 Indirect & Induced Economic Impact on Output/Revenue 2,570 2,256 115 92 107 55,374 57,944 Indirect & Induced Economic Impact on Income 840 739 38 28 35 16,639 17,479 Indirect & Induced Economic Impact on State GDP 1,264 1,103 57 52 53 29,009 30,273 Total Economic Impact on Output/Revenue 7,309 6,475 328 198 309 133,174 140,483 Total Economic Impact on Income 2,515 2,239 106 57 112 30,509 33,024 Total Economic Impact on State GDP 3,590 3,178 157 103 151 55,664 59,254 The ports industry refers to firms/enterprises located in Georgia because of the ports’ existence. Savannah and Brunswick cargo-based activity and port investment refer to impacts generated by the public facilities owned by the Georgia Ports Authority. Private facilities/docks refers to impacts generated by privately owned facilities/docks. Ports users are firms/enterprises that utilize ports facilities (primarily importers and exporters). Source: Estimated by the Selig Center for Economic Growth, Terry College of Business, The University of Georgia (www.selig.uga.edu), 2022. 13
