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Presenter cites port's regional economic footprint and modeling-and-simulation earnings
Summary
Dana Dickens told council the port underpins hundreds of thousands of jobs and that the modeling-and-simulation industry has a higher-than-average per-capita income, noting Hampton's concentration of related businesses.
In his presentation to the council, Dana Dickens described the economic role of the Port of Hampton Roads and the region's modeling-and-simulation industry.
"The port generates 350,000 jobs, $13,000,000,000 in payroll and about 1,500,000,000 in tax revenue around the commonwealth," Dickens said, presenting the Partnership's figure for jobs, payroll and tax revenue tied to the port. He also said the modeling and simulation industry in the region has an "average per capita income of dollars 83,000" and is growing faster than many other local industries; Dickens noted Hampton has more modeling-and-simulation businesses than other localities in the region.
Those figures were offered as part of the Partnership's case for sustained regional economic collaboration; Dickens did not cite specific sources for the numbers during the oral presentation but referred councilmembers to a fuller written report in the meeting packet.
