Global Cruise Industry Contributes $551 Million to Illinois

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News Desk 2018
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Global Cruise Industry Contributes $551 Million to Illinois Economy

Washington DC, Oct. 04, 2017 (GLOBE NEWSWIRE) -- The global cruise industry contributed $551 million to Illinois’ economy in 2016, up 8 percent since 2014, according to a new study from Cruise Lines International Association (CLIA), the largest cruise industry trade association and the leading authority of the global cruise community.  

CLIA’s 2016 Economic Impact Analysis, an independent study commissioned by CLIA and conducted by Business Research and Economic Advisors (BREA), shows that the cruise industry’s direct expenditures in Illinois generated total economic impacts of 8,186 jobs and $496 million in wages and salaries.

“The cruise industry is a critical contributor to the U.S. economy and we see evidence of the industry’s positive effect spreading into every state, including Illinois,” said Cindy D’Aoust, CLIA’s president and CEO. “Although Illinois has no cruise port, it is a major source market for cruise passengers – 214,000 in 2016 -- and that results in direct spending with travel agencies, airlines, hotels and other businesses.”

2016 CLIA Economic Impact Analysis

Illinois Total Share of the U.S. (percent)
Passenger Embarkations N/A N/A
Resident Cruise Passengers 214,000 1.9
Direct Expenditures ($ Millions) $551 2.5
Total Employment Impact 8,186 2.1
Total Wage Impact ($ Millions) $496 2.4

Additional findings from CLIA’s study:

  • Tourism-related businesses received $108 million, or 20 percent of the cruise industry’s direct spending in Illinois.
  • Another $143 million, or 26 percent of the industry’s direct spending in Illinois, was spent with businesses in five support industries: food processors, paper manufacturers, and apparel and textile firms within the manufacturing sector; and advertising agencies and insurance companies in the nonmanufacturing sector.
  • Direct expenditures in Illinois also impacted several other industries throughout the state including management and technical consultants, video and music production companies, paint and chemical manufacturers, business service providers such as computer services, software consulting and marketing.

Top Ten States

According to CLIA’s study, the top ten states benefitting economically from the cruise industry are:

Top Ten States Benefitting Economically from the Global Cruise Industry

1. Florida 6. Washington
2. California 7. Georgia
3. Texas 8. Illinois
4. New York 9. Massachusetts
5. Alaska 10. New Jersey

Source: CLIA 2016 Economic Impact Analysis

Global Cruise Industry’s Contributions to the U.S. Economy

The growing economic impact from the cruise industry in Illinois reflects the industry’s increasing contribution to the U.S. economy. In 2016, cruise lines, their passengers and crew spent a record $21.69 billion in the U.S., up 15 percent since 2011 and representing a new peak in U.S. cruise industry expenditures. Total contributions 1 of the global cruise industry to the U.S. economy reached a record $47.76 billion in 2016, up 3.6 percent from 2014. This includes generating 389,432 U.S. jobs paying more than $20 billion in wages and salaries.

About the CLIA 2016 Economic Impact Analysis

The CLIA 2016 Economic Impact Analysis is an independent study conducted by BREA and commissioned by CLIA. 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. Detailed methodology is outlined in the full report http://cruising.org/docs/default-source/resea...f?sfvrsn=2 .

About Cruise Lines International Association (CLIA) – One Industry, One Voice

Cruise Lines International Association (CLIA) is the world’s largest cruise industry trade association, providing a unified voice and leading authority of the global cruise community. The association has 15 offices globally with representation in North and South America, Europe, Asia and Australasia. CLIA supports policies and practices that foster a safe, secure, healthy and sustainable cruise ship environment for the more than 24 million passengers who cruise annually and is dedicated to promote the cruise travel experience. Members are comprised of the world’s most prestigious ocean, river and specialty cruise lines; a highly trained and certified travel agent community; and cruise line suppliers and partners, including ports & destinations, ship development, suppliers and business services. The organization’s mission is to be the unified global organization that helps its members succeed by advocating, educating and promoting for the common interests of the cruise community. For more information, visit www.cruising.org or follow Cruise Lines International Association on CLIA Facebook and Twitter pages.


1 Total economic contributions include direct, indirect and induced impacts. This includes direct spending by cruise lines and passengers, including food and beverages, fuel, financial and business services and entertainment in support of cruise operations, as well as the goods and services purchased by the directly impacted businesses and employees from other B2B and B2C enterprises.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...9cba62b814

Sarah Kennedy Cruise Lines International Association 202-759-9313 skennedy@cruising.org

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