5 Economic Benefits of Ports from Senator Hinojosa

Senator Chuy Hinojosa highlights these economic benefits of ports:

• Ports are economic drivers:
  • Generating $270 billion a year in economic activity
  • Generating $6 billion in state and local taxes per year
  • 1.4 million jobs
  • generate $82.8 billion in personal income
• Ports of entry, and bridges, facilitate a $200 billion annual trade with Mexico
• 3 of our ports are in the nation’s Top 10 by tonnage
  • #2 Houston
  • #4 Beaumont
  • #7 Corpus Christi (7th)
• The #1 fresh produce port of entry in the U.S. for 2016 will be the Pharr-Reynosa International Bridge
• Port Capital Funding improvements are critical to retain Texas ports competitive advantage

The McAllen Monitor Op-Ed | COMMENTARY: Texas ports are portal to a profitable future