The latest Port of Morrow Economic Impact Study was revealed in December and it shows the economic and fiscal impacts by the Port of Morrow and port-related businesses have
increased measurably over the past several years.
Key highlights from the 2017 analysis include the following:
• Total employment of 8,452 jobs (3,858 direct, 2,792 indirect, and 1,801 induced)
• Total output of $2.77 billion ($2.03B direct, $0.52B indirect, $0.21B induced)
• Total GDP of $1.08 billion ($712M direct, $256M indirect, $114M induced)
• Over $500 million in labor income ($289M direct, $152M indirect, $59M induced)
• Annual local/state tax revenue/payments of over $118 million (includes in lieu
payments)
• Annual federal tax revenue/payments of nearly $142 million
In comparison, over the last 11 years port-related economic impacts have increased
measurably. Comparative findings include:
• Port-related businesses now account for nearly $2.8 billion in annual output in 2017, up
from $1.8 billion in 2012 and $896 million in 2006 (in inflation adjusted constant 2017
dollars).
• The share of direct economic output within Morrow and Umatilla counties attributed to
port-related businesses increased from 15% to 26% between 2006 and 2017.
• The share of direct employment that is considered to be Port-related accounts for 52% of
all jobs in Morrow County in 2017, up from 36% in 2006.
“I am pleased to share the economic data showing continued growth in our region’s economy,“ said Port of Morrow General Manager Gary Neal. “The Port of Morrow is privileged to be a part of that progress. The Port of Morrow Commission, our dedicated staff, and partners both locally and at the state level help to accomplish these goals. The
results of that effort are identified in this report.”
For more information visit the Port of Morrow website or call 541-481-7678.
