Global Cruise Industry Contributes $551 Million to Illinois

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
62
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

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Beta Bionics Lawsuit Deadline: Investors Face November 3 Cut-off

Updated Category News Views 5

Looming Deadline for Beta Bionics Investors Time's ticking fast for those holding onto Beta Bionics (BBNX) stock who might've been caught in a web of undisclosed risks and regulatory misses. Investors feeling the pinch from this fiasco have till November 3, 2026, to throw their hat in the ring as lead plaintiffs in the class action lawsuit out of California. The...

Continue Reading
Papa John's Faces Class Action Over Misleading Info

Updated Category News Views 5

Trouble Brewing for Papa John's Investors Rolling the dice in the stock market sometimes feels like playing the lottery, doesn't it? This time around, it's Papa John's (NASDAQ: PZZA) serving up a slice of turmoil for its investors. The pizza chain's got itself tangled in a class-action lawsuit, and it's the shareholders who're left with a bitter taste. Investors Cry Foul...

Continue Reading
China's Tech Success Echoes in Global Living Rooms

Updated Category News Views 5

A New Player in Global Tech If you've been sleeping on China's tech scene, it's time to wake up. Moonshot AI just launched Kimi K3, the largest open-source model by parameters we've seen, a significant leap in artificial intelligence that's catching even the eyes of folks who hardly touch technology—like retirees in Italy. Rapid AI Advancements China's story isn't about...

Continue Reading
Med Spa Visits: Key Insights from Lindsey Smith

Updated Category News Views 4

Moving Beyond the Fear Factor Stepping into a med spa for the first time can be nerve-wracking, especially if you're unsure of what to expect. Lindsey Smith, an expert from Flawless Med Spa in Bryant, Arkansas, knows just how critical it is to navigate this terrain with clarity. Her approach emphasizes building a foundation of trust and understanding from the get-go. Fear...

Continue Reading
Xi Jinping Thought: A Bold Prospect for Future Governance

Updated Category News Views 5

107 years in the game, and the Communist Party of China (CPC) isn't showing any signs of slowing. With their recent conference in Beijing focusing on Xi Jinping Thought on Party Building, it’s clear they’ve got their eyes on the future, not just resting on past laurels. This Xi Jinping Thought is about a thorough self-improvement plan for the Party, a clear strategy...

Continue Reading
PayPal Under Investigation: Legal Battles Intensify

Updated Category News Views 3

A Bumpy Ride for PayPal's Investors Back in 2025, PayPal was beaming about new growth strategies, filling the air with grandiose promises. Fast forward to February 2026, and the script had flipped entirely. Earnings came in nasty and disappointing, particularly in the Branded Checkout front. Adding to the chaos was their CEO unceremoniously taking the high road out the...

Continue Reading
Tragedy Highlights Need for E-bike Safety Overhaul

Updated Category News Views 5

A Dire Wake-Up Call in the East Village We're staring hard at a heartbreaking mess in the East Village. A 15-year-old girl lost her life while riding an electric Citi Bike, hit by an industrial truck. Let's not dance around it—this is a gut punch, the kind you never want to ever hear about, and one that comes with a bitter flavor of 'what if?' Age Verification: A...

Continue Reading
Insta360 Expands with Times Square Flagship Store

Updated Category News Views 6

Insta360 Times Square Opening Marks Bold Expansion I dropped by Times Square today, and what do I see? Insta360 planting its flag right in the heart of New York City. Now, this isn't your run-of-the-mill grand opening—it’s the first flagship store outside of Asia, and it screams of big ambitions. Nestled at 1515 Broadway, the store is smack in the middle of one of the...

Continue Reading
Hainan Airlines' Dedication Keeps It atop Skytrax

Updated Category News Views 5

Fifteen years of soaring high: now that's something worth taking to the bank—or the air. Hainan Airlines has just bagged the SKYTRAX Five-Star Airline rating once again, handed out at this year's World Airline Awards ceremony. When it comes to delivering quality, they're flying high on the charts, landing among the World's Best Airlines Top 10. And in the wild world of...

Continue Reading
Flying Car Regulatory Sandbox Begins in UAE

Updated Category News Views 7

Pioneering Flying Cars in the Desert In a move that seems right out of a science fiction screenplay, ARIDGE—the bigwig of flying cars from Asia—has taken a giant leap. They’ve cozied up with the UAE, locking arms to cook up the world's first regulatory sandbox for personal flying cars. Now, don’t laugh—sandbox isn't just for toddlers. It’s the playground where...

Continue Reading

Top 5 Most Recently Viewed Articles

Future of Public Transportation Market: Insights for Growth

Updated Category News Views 130

Exploring the Public Transportation Market's Potential The global Public Transportation Market is experiencing significant growth and is poised to reach an impressive valuation of USD 652.37 billion in the coming years. This momentum is fueled by various factors, including urbanization, technological advancements, and government initiatives focused on enhancing public...

Continue Reading
Shineco Revolutionizes Phospholipid Production, Setting New Standards

Updated Category News Views 143

Shineco Breakthrough in Phospholipid Production Shineco Inc. (NASDAQ: SISI) has made headlines with a remarkable advancement in the production of high-purity soybean phospholipids. Their subsidiary, Fuzhou Meidashan Biotechnology Co., Ltd., has successfully developed a large-scale production process, essentially shattering a long-standing foreign monopoly in this crucial...

Continue Reading
Rigetti's Quantum Leap: Outpacing the Giants with Innovation

Updated Category News Views 257

Rigetti Gains Ground in Quantum Computing Innovations In the highly competitive world of quantum computing, Rigetti Computing Inc (NASDAQ: RGTI) is making significant strides. While IBM (NYSE: IBM) and Alphabet Inc.'s (NASDAQ: GOOG) Google are heavily focused on quantum error correction using superconducting qubits, Rigetti’s CEO Subodh Kulkarni confidently states that...

Continue Reading
Ginkgo Bioworks Financial Update: 2024 Performance Highlights

Updated Category News Views 583

Introduction Ginkgo Bioworks Holdings, Inc. (NYSE: DNA) is at the forefront of developing innovative solutions in cell programming and biosecurity. With recent restructuring efforts underway, Ginkgo has seen significant advancements in its financial performance and strategic initiatives that are reshaping its future. Fourth Quarter Financial Highlights In the fourth...

Continue Reading
Exciting Autumn Celebration: Fall Fest at South University

Updated Category News Views 83

Join South University for a Festive Fall Celebration South University Columbia is set to host its highly anticipated Second Annual Fall Fest. This event welcomes students, faculty, staff, and local community members to participate in a lively autumn celebration filled with delightful activities. Food trucks will line the campus, offering a variety of cuisines, while live...

Continue Reading