Economic Impact

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Port of Lewiston Economic Impact

A recent study highlights the positive impacts the Port of Lewiston’s economic development activities have on the local economy.

The Port invests 100% of property taxes, plus revenue generated from general port operations back into Nez Perce County to purchase and develop land, infrastructure and facilities – activities to create jobs.

Steven Peterson, research economist and clinical assistant professor with the University of Idaho, completed an October 2014 study that helps taxpayers see their return on investment from the Port of Lewiston.

ECONOMIC IMPACTS ON THE REGIONAL ECONOMY

Measuring the cumulative impact the Port of Lewiston has as a multi-modal, multi-dimensional, multi-jurisdictional and full scale economic development agency. PREPARED BY STEVEN PETERSON

Did you know?

$1=$8.80 return on investment

Every $1 of tax payer investment creates $8.80 in local tax revenue through economic activities and entrepreneurial firms associated with the Port of Lewiston.*

The Port has assisted businesses in creating 1,840 Direct Jobs

in the region from firms and businesses associated with properties owned or developed by the Port of Lewiston.*

$390 Million in Direct Regional Spending

associated with direct jobs from firms and businesses associated with properties owned or developed by the Port of Lewiston.*

*Excerpts from a 2014 analysis of the Port of Lewiston’s economic impacts, completed by Professor Steven Peterson, University of Idaho.

PIONEER PORTS ECONOMIC IMPACT

port-of-lewiston-idaho-01

A recent study highlights the positive economic impacts the Pioneer Ports (the Port of Lewiston, the Port of Clarkston and the Port of Whitman) have on the regional economy. Steven Peterson, research economist and clinical assistant professor with the University of Idaho, completed the study in October 2014. It helps taxpayers see their return on investment from the Pioneer Ports. The Pioneer Ports contribute to the region’s economic stability, low unemployment volatility and manufacturing and job growth.

Did you know?

Every $1 of Taxpayer investment created $5.70 in local tax revenue

through economic activities and entrepreneurial firms associated with the Pioneer Ports.

The Pioneer Ports have created just under 4,800 direct jobs

in the region from firms and businesses associated with properties owned or developed by the Port.

$1.1 Billion in Direct Regional Spending

associated with direct jobs from firms and businesses associated with properties owned or developed by the Pioneer Ports.