Economic Impact Ripples Through
Local & Provincial Economy
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Local & Provincial Economy
In November 2025, Southport released a new economic impact study measuring the economic contributions associated with its ongoing activities, based on an analysis of its 2024 fiscal year operations. The report was undertaken to update the 2022 economic impact study, as Southport has experienced significant growth and improved economic accomplishment since then. This new report highlights how Southport’s influence extends through the local and provincial economy directly, indirectly, and through induced impacts.
Direct impact refers to the employment and economic activity generated by Southport and all onsite businesses, representing their immediate contribution to the local and provincial economy. Indirect impact measures the economic activity generated by businesses that supply and support Southport. Induced impact is the additional spending in the surrounding economy by employees whose jobs are tied to both the direct and indirect activities at Southport.
The results of the study indicated that Southport and Southport-related businesses directly contribute 610 jobs, $60 million in income, $110 million in gross domestic product (GDP), and $180 million in economic output annually. Through its corporate stewardship, Southport also gave back $105,000 to the community during the period of review. These results clearly show that Southport has a significant impact on the surrounding economy.