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.
44,327 total employed labor force (November 2023)
4.4% unemployment rate (November 2023)
3,862 total businesses (Q2 2023)
12.4% manufacturing as percentage of total employment (June 2023)
More than 1,776 jobs and 594 businesses have been created in New Bedford since 2014
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
