COLLEGE REPORTS ECONOMIC IMPACT FOR PORT OF VIRGINIA

The College of William & Mary performed an economic study to measure the economic impact the Port of Virginia had on the state in fiscal year 2013. The college’s Raymond A. Mason School of Business released the study on December 29.

The report estimated the total economic impact of the port in Virginia for FY 2013 was $60.3 billion in spending. In 2006 the college also studying the port’s economic impact evaluated at $41.3 billion a 47 percent increase from 2006 to 2013.