March 20, 2017 Comments Off on Texas Ports Add $224B to GSP Views: 762 Texas News, Top Texas

Texas Ports Add $224B to GSP

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The state of Texas has 29 official ports of entry, consisting of seaports, airports, border crossings and multi-modal facilities. And, according to a report from the state’s comptroller office, $650 billion in trade went through the ports in 2015, which supported (directly and indirectly) 1.6 million Texas jobs, and added $224.3 billion to the gross state product (GSP).

The port system, with its connection of highways, rail, air and sea, has helped the state earn the distinction of the nation’s top exporter for 14 consecutive years, the comptroller’s office said.

“Texas ports of entry are absolutely essential to our economy,” said Texas Comptroller Glenn Hegar. “Every part of our state relies on them, from our largest cities to our smallest towns. They support agricultural production, manufacturing, the energy business and more. No matter where you are in Texas, you can see the benefits of foreign trade.”

Read More at Texas Comptroller’s Office

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