California's Ocean Economy - California Resources Agency - State ...

NOEP
The Tourism & Recreation sector accounted for the largest proportion of employment and
GSP with 76.8% of the former and 58% of the latter (Figure 2-8). However, it represented
the lowest average wages and GSP per employee. The Transportation sector is the second
largest in terms of employment and GSP, accounting for 18.2% of employment, but almost
a third of GSP. And, the Transportation sector as well as the Minerals sector represented
much higher average wages and GSP per employee. The Tourism & Recreation sector pays
significantly lower wages and has significantly lower GSP per employee than all other
sectors. These other sectors are the reason that the California Ocean Economy pays higher
wages than the average wage for the state economy. The implication here is that the slower
growth sectors contribute significantly to the California economy through higher wages,
making up a critical element of the economy. More detailed discussions of these sectors,
and the industries they include, are found in Part II The Sectors of the California Ocean
Economy.
80%
70%
60%
50%
40%
30%
20%
10%
0%
Distribution of the California Ocean Economy in 2000
0.7% 1.4% 1.5% 1.9%
1.9%
0.2%
Construction Living
Resources
2.6%
2.3%
M inerals Ship & Boat
Building
76.8%
58.0%
Tourism &
Recreation
Figure 2-8: 2000 Distribution of the California Ocean Economy
26
18.2%
34.5%
Transportation
Employment
Gross State
Product