Tag: gdp

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‘The Multiplier Effect’ – Stunning US study in 2025 made clear the enormous wider benefits of building the Glen Sannox and the Glen Rosa ferries on the Clyde and points confidently to a future there

johnrobertson834

From the Washington State, USA, based Lynwood Times 28 May 2025 A new independent study by Pennsylvania-based Martin Associates confirms the economic value of building the new Washington State Ferries hybrid fleet in-state, showing that each ferry constructed in the state would generate 1,298 jobs and $31.9 million in state and local taxes. Washington State Ferries, which operates the largest ferry system in the nation, solicited bids this spring to build five new hybrid ferries over a six- to eight-year period with a budget of $1.3 billion. The new hybrid electric ferries have 160-car capacity to support growing rider demand and reduce … Continue reading ‘The Multiplier Effect’ – Stunning US study in 2025 made clear the enormous wider benefits of building the Glen Sannox and the Glen Rosa ferries on the Clyde and points confidently to a future there

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GDP – Does any other country have to ignore its offshore activity to make it seem to be in trouble?

johnrobertson834

From the Scottish Government (!) today: Scotland’s onshore GDP is estimated to have fallen by 0.1% in November. This follows a contraction of 0.6% in October (revised from -0.5%). In the three months to November, GDP is estimated to have contracted by 0.2% compared to the previous three month period. This indicates a slowing of growth, relative to the increase of 0.4% in 2023 Quarter 3 (July to September). Try searching for the word ‘offshore’ in the full report. Not a mention. But what, I hear you say about those booming energy revenues from oil, gas and renewables? You know, … Continue reading GDP – Does any other country have to ignore its offshore activity to make it seem to be in trouble?