Proceedings Of The Marine

SUM 2016

Proceedings magazine is a communication tool for the Coast Guard's Marine Safety & Security Council. Each quarterly magazine focuses on a specific theme of interest to the marine industry.

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16 Proceedings Summer 2016 www.uscg.mil/proceedings Bibliography: National Oceanic and Atmospheric Administration (NOAA) Office of Program Planning and Integration, "The Ocean and Coast Economy," 2015. World Bank Country gross domestic product data available at http://data.world- bank.org/indicator/NY.GDP.MKTP.CD?order=wbapi_data_value_2012+wbapi_ data_value&sort;=desc. NOAA, "The Oceans and Coasts — A Driver for Inland Economic Activity," 2015, available at http://noaa.maps.arcgis.com/apps/MapJournal/?appid=639339405df9 482ea2a907038fa75eb0. Economics: National Ocean Watch information is available at https://coast.noaa. gov/digitalcoast/tools/enow. NOAA Office for Coastal Management, "NOAA Report on the U.S. Ocean and Great Lakes Economy," 2015, available at http://coast.noaa.gov/digitalcoast/publications/ econreport. Elementum News Desk, "The Real Cost Of The West Coast Port Strike Pt. 1," 2015, available at http://news.elementum.com/the-real-cost-of-the-west-coast-port- strike-pt.-1. Dean Runyan Associates, California Air Traffic Analysis, accessed November 22, 2015 at www.deanrunyan.com/CAAirTraffic/AirTraffic.html. Eastern Research Group, Inc., for the NOAA Office for Coastal Management, "The National Significance of California's Ocean Economy," 2015, available at https:// coast.noaa.gov/data/docs/digitalcoast/ca-ocean-economy.pdf. Endnotes: 1. The ocean economy includes the activities in the states adjacent to the Great Lakes. 2. It is important to note that this sector also includes offshore sand and gravel min- ing, accounting for all of this sector's activity in some regions. companies that supply hotels with everything from artwork to water coolers. As many procurement companies feature nationwide distribution centers, this supports inland econo- mies by creating jobs for people living near a center, and some goods that the hotel industry needs are niche goods that come from companies that are based inland. Ports provide entry and exit points for the inland U.S. econ- omy to receive foreign goods and ship goods internationally. In 2012, the estimated value of foreign imports from the rest of the country through California ports totaled $331 bil- lion, and the value of state foreign exports was $99.2 billion. Some imported products, such as car parts or chemicals for plastic production, support manufacturing jobs and allow for the production of goods that can then become exports themselves. Finished goods that the U.S. imports support retail jobs. Commodity-level imports and exports are another way to link the ocean and inland economies. Electronics ($60.4 bil- lion), motorized vehicles ($50.8 billion), and textiles and leather ($49 billion) were the top three commodities exported through California ports. The top three commodity imports were waste and scrap ($15.8 billion), machinery ($11.6 bil- lion), and other agricultural products ($9.2 billion). These statistics also demonstrate how California's ports support key U.S. industries. Looking Ahead The coastal economy is large and contributes significantly to the national economy. As a subset of the coastal econ- omy, the ocean economy is therefore also important to the national economy. Although we know a lot about the ocean economy, there is a lot more to learn that will enhance the data we have currently. Through the Ocean Economy Satellite Account, NOAA and the Bureau of Economic Analysis hope to develop a more complete understanding, in numbers, of the connections between the national economy and the ocean economy. About the authors: Ms. Tracy Rouleau is NOAA's deputy chief economist in the Office of Pro- gram Planning and Integration, which is the nexus where social science is powered, coordinated, and catalyzed across NOAA. Mr. Jeffery Adkins is an economist with I.M. Systems Group, supporting NOAA. Jeff is the lead economist for NOAA's Economics: National Ocean Watch data that provides time-series data for six economic sectors that depend upon the oceans and Great Lakes. Ms. Valerie Were is a social scientist with I.M. Systems Group, supporting NOAA in the Office of Program Planning and Integration. She works on a variety of projects that integrate social science across NOAA's line offices. For more information: Statistics courtesy of the National Oceanic and Atmospheric Administration. From daily weather forecasts, severe storm warnings, and climate monitoring to fisheries management, coastal restoration, and supporting marine commerce, NOAA's products and services support economic vitality and affect more than one-third of America's gross domestic product. NOA A's dedicated scientists use cutting- edge research and high-tech instrumentation to provide citizens, planners, emergency managers, and other decision makers with the reliable information they need when they need it. For more information, visit www.noaa.gov.

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