Baseline Data
It’s no coincidence that the #1 value commercial fishing port in America, the home for accomplished companies such as Titleist, Joseph Abboud Manufacturing, AHEAD, Southcoast Health, and the birthplace of hundreds of smaller businesses and entrepreneurs are all in one place. We cultivate innovation, creative thinking, and a dedicated work ethic.
45,847 total labor force including unemployed (December 2022)
3,795 total businesses (Q1 2022)
More than 5,400 jobs have been created in New Bedford since 2010 (January 2020)
12.7% manufacturing as percentage of total employment (June 2021)
Surrounded by the towns such as Dartmouth, Marion, Fairhaven, Mattapoisett, and Rochester, New Bedford draws on a population of 193,000 within a 15-minute drive with annual spending power of $3.3 billion
129% increase in marine science employment since 2000 (region)
59% increase in culture and tourism related employment since 2000 (region)
#1 value commercial fishing port in America
$3,300,000,000 of direct business revenue is generated from the Port of New Bedford
New Bedford is home to the $113 million Marine Commerce Terminal
The Port’s $11.1 billion of economic impact represents 2% of Massachusetts’ GDP
Supports 6,808 direct jobs with annual wages of $320 million
