great lakes-st. lawrence seaway new cargoes/new vessels market

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Great Lakes-St. Lawrence SeawayNew Cargoes/New Vessels - Market AssessmentThe industrial composition of the GLSLS study area compared to the rest of North America showsthat it is very much a reflection of the whole North American economy (see Exhibit 3-7).However, it does exhibit lower primary industry and more manufacturing, finance andinformation industry. It has slightly higher education, health and social services, but slightlylower retail trade and public administration services as a percentage of the total. Within thisframework, the Atlantic seaboard is higher in financial, professional and information serviceindustry with slightly weaker manufacturing and wholesale trades and much weaker primaryindustry activities (see Exhibit 3-8). The Midwest and Central Canada are much stronger inmanufacturing; slightly stronger in transportation and slightly lower in financial services (seeExhibit 3-9). As might be expected the Great Plains and Prairies are stronger in primary industry,construction, manufacturing and transportation industry, but slightly weaker in all forms ofservices, (see Exhibit 3-10).Exhibit 3-7: Industrial Composition by 2004 GDP - GLSLS Study AreaIndustrial Composition by 2004 GDP.GLSLS Study Area.Other services(including publicadministration)12.5%Agriculture, forestry,fishing & hunting, andmining1.5%Construction6.7%Arts, entertainment,recreation,accommodation andfood services3.6%Manufacturing12.6%Wholesale trade6.1%Educational, health andsocial services8.8%Retail trade5.5%Professional, scientific,management,administrative, andwaste managementservices10.2%Finance & insurance,real estate & rental &leasing21.5%Information5.5%Transportation &warehousing, andutilities5.6%TEMS, Inc. / RAND Corporation January 2007 33
Great Lakes-St. Lawrence SeawayNew Cargoes/New Vessels - Market AssessmentExhibit 3-8: Industrial Composition by 2004 GDP -North America excluding GLSLS Study AreaIndustrial Composition by 2004 GDP.North America excluding GLSLS Study Area.Other services(including publicadministration)14.5%Agriculture, forestry,fishing & hunting, andmining4.1%Construction5.0%Arts, entertainment,recreation,accommodation andfood services3.9%Manufacturing11.9%Wholesale trade5.9%Educational, health andsocial services7.2%Retail trade7.1%Professional, scientific,management,administrative, andwaste managementservices10.6%Finance & insurance,real estate & rental &leasing19.5%Information4.9%Transportation &warehousing, andutilities5.3%Exhibit 3-9: Industrial Composition by 2004 GDP - AtlanticIndustrial Composition by 2004 GDP.Atlantic.Other services(including publicadministration)13.9%Arts, entertainment,recreation,accommodation andfood services3.2%Agriculture, forestry,fishing & hunting, andmining0.7%Construction4.2%Manufacturing10.7%Wholesale trade5.6%Retail trade6.1%Educational, health andsocial services9.0%Professional, scientific,management,administrative, andwaste managementservices12.8%Finance & insurance,real estate & rental &leasing24.2%Information5.0%Transportation &warehousing, andutilities4.5%TEMS, Inc. / RAND Corporation January 2007 34
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