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Factoid/2001/12/07

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< Beachapedia:Factoid‎ | 2001‎ | 12


More Economy at the Beach

Coastal land (that is, land within 50 miles of an ocean or Great Lake) accounts for 50% of the population in the U.S. and 56% of the economic output of our country. Per square mile, coastal areas produce 8 times as much economic output as inland areas. (Source: "The U.S. as a Coastal Nation," by Jordan Rappaport and Jeffrey Sachs, November 2001, RWP 01-11, Research Division of the Federal Reserve Bank of Kansas City; report is at http://www.kc.frb.org/publicat/reswkpap/rwp01-11.htm)

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