As the global leader in logistics real estate, we know our business has big global economic impact. But just how big, exactly?
We partnered with Oxford Economics to aggregate and analyze the data. Here is what we discovered:
We Shorten the Time It Takes to Deliver the World’s Goods to You.
$1.3 Trillion
is the economic value of goods flowing through our distribution centers each year
REPRESENTING
2.4%
of GDP for the 19 countries where we
do business
1.7%
of the world’s
GDP
Under Prologis’ Roofs Each Day:
816,000
People go to work around the world
More than McDonald’s, Starbucks and Coca-Cola combined
The Economic Impact of Prologis’ Business Is Bigger Than the GDP of Half of All U.S. States, Individually.
~$200 Billion
Per Year2
$500 Million
per day
$22 Million
per hour
Prologis’ Economic Impact on the U.S. Tax Base is Substantial.
$17 Billion
Per Year3
$12 Billion
Federal
$5 Billion
State and Local
1. For the jobs impact of our business, we measured across three channels:
-
The direct impact is those working in warehouses themselves.
-
The indirect impact is those working across the supply chain due to the business taking place in our facilities.
-
The induced impact is those working to produce the goods and services purchased out of the wages of people working in the warehouses, or in the warehouses’ supply chain.
2. For the economic impact of our business, we measured across three channels:
-
The direct impact is the economic activity taking place our warehouses themselves.
-
The indirect impact is the economic activity across the supply chain due to the business taking place in our facilities.
-
The induced impact is the economic activity supported by people working under our roofs spending their wages.
3. For the tax impact of our business, we measured across three channels:
-
The direct tax impact is the taxes generated by the economic activity taking place in warehouses themselves.
-
The indirect tax impact is the taxes generated by the economic activity in the supply chain due to business taking place in our facilities.
-
The induced tax impact is the taxes generated by the economic activity supported by the spending out of the wages of people working in the warehouses, or in the warehouses’ supply chain.