The impact of the Bar Pilots consists of several components:
- The impact of the fees paid by out-of-state (or out-of-country) shipping companies to the Pilots
- The impact of extra cargo facilitated by the Bar Pilots
- Pilots' fees as a percentage of the total value of cargo
In 2000, the activities of the Bar Pilots contributed $47.09 million in new direct spending, $79.92 million in new secondary spending, and $120.01 million in total impact. That spending created a total of $39.70 million in new earnings and supported 759 jobs in the state's economy. In 2000, the activities of the Bar Pilots created a total of $39.70 million in income for Louisiana residents and supported 758 jobs in the state.
In 2000, the Bar Pilots and their related economic activities generated a total of $2,140,700 in tax revenues for the state of Louisiana and a total of $818,600 for hard-pressed local governments in the state. In total, the economic activities of the Bar Pilots and their related economic activities created a total of $2,959,300 in state and local tax revenue in 2000. That is revenue that will recur every year.To view the whole report on the Bar Pilot's Economic Impact, click here.