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Wednesday, October 26, 2011

postheadericon Seaport infrastructure improvements are critical to economic recovery

For centuries, seaports and waterways have served as a vital economic lifeline by bringing goods and services to people around the world. In 2010, America’s seaports supported an estimated 9.2 million jobs and handled 99 percent of our country’s overseas cargo â€" that’s more than $5.5 billion worth of goods each day, or a quarter of our country’s GDP.


As the House Transportation and Infrastructure Committee discusses the economic importance of seaports and policymakers look at creating jobs for the millions of Americans who are out of work, the need to make long-term investments that address future realities is critical. Seaports are one of our country’s oldest and largest economic drivers but they have been largely ignored. 

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