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HomeMy WebLinkAboutBack-Up DocumentImperiled / Quality 1 Biscayne Bay • Economics of at The Miami -Dade County economy is a powerhouse and is characterized by these selected attributes': Annual Gross Regional Product $199 billion Total Employment Base --> 1..5 million jobs Annual Personal Incomes 4 $97 billion The Miami -Dade County economy is a. vital source of growth and stability within the south Florida region, In fact, the combined Miami-DadelFt, Lauderdale region is the 8" largest metropolitan statistical area in the US, in terms of total population, with a per capita CRP of $41,000. The Miami -Dade County economy is extremely diverse and is driven by numerous industry sectors, the most important of which are real estate, government services„ wholesale trade, health care, professional services, finance and insurance. However, one of the key assets within the Miami -Dade County portfolio is the natural environment in which it is cradled, The county is bordered by the Everglades to the west, the Florida Keys to the south, and the beaches and Biscayne Bay to the east. 'These natural amenities, and their inherent quality, play a key role in attracting an estimated annual total of 14 million overnight visitors to the area. And of the various activities pursued by these domestic and international visitors, approximately 80% of visitors experienced the beaches, ley Biscayne, and/or local water sports/activities.' The estimated economic impact of all visitors to the Miami -Dade County economy is $34.2 Biscayne Bay dominates the vista of northern Miami -Dade County, the most populous county in Florida. (Florida Sea Grant stack photo) billion, with the enjoyment gflocal natural amenities being of importance to 80% of these visitors. More specifically, visitation to and use of Biscayne. Bay contributes significantly to the Miami -Dade County economy. For example, a study by Hazen & Sawyer estimated that 65.5 million person -days* are spent recreating annually on Biscayne Bay, Collectively, the economic activities associated with Biscayne Bay -related uses contributed 10.2 % of the total Miami - Dade County economy, as well as 4% of the southeast Florida economy.' Biscayne Bay_ related activities generated $12.7 billion in economic output, $6.3 billion in incomes (10.2% of the County total), 138,000 jobs, and $627 million in tax revenue within the local economy. Cather indicators of the value associated witli recreational uses of Biscayne Bay attest to the vital role the Bay plays in the Miami - Dade County economy. The Rosenstiel School of Marine and Atmospheric Science (RSMAS) found that 1.6 million individuals annually visit the National Park and three State Parks that surround Biscayne Bay," The expenditures by these visitors are vital to the local recreational business complex that exists within the proximity of Biscayne Bay. Hazen and Sawyer found that Bay - related recreational activities created $3.8 billion in economic output, $2,1 billion in incomes, and 57,000 jobs. The RSMAS study further found 71% of local, n,utatuu61r Lztaeayntc Day tcutauts tetatturry healthy, natural and rnan-induced events can negatively impact water duality and bay bottom resources. Three such events have occurred in Biscayne Bay during the past decade (see figure below), which resulted in algal blooms of unprecedented scale and duration that impacted over 10,000 acres of bay bottom habitat. These recent algal blooms may signal a diminished ability of the Bay to handle what were previously tolerable events. These events were: 1) A micro -algal bloom that initiated in 2005.in in the southern end of Biscayne Bay and Persisted for 3 years. The bloom caused reduced visibility and resulted in a loss of up to 51% of sea grasses and bay bottom organisms within the bloom region. Biscayne Bay water clarity in normal vs. bloom periods. Normal visibility (left) is greater than 30 ft. During a June 2013 diatom algal bloom (right) visibilty is less than 2 ft. Photos are not taken at the same location, and are provided for illustration purposes only. (Photos courtesy Stephen Blair, Miami -Dade DERM) 2) A macro -algal bloom that initiated in 2005 that continues today, although diminished. The impacted area runs along the western shore south of Rickenbacker Causeway to south of Coral Gables and Out tomid-bay. This bloom has impacted over 7500 acres of bay bottom, including the loss of sea grass and bay bottom habitat. 3) A micro -algal bloom that initiated in the summer of 2013 and persisted for 2-3 months across the south-central and southern regions of the Bay. It is striking that this bloom occurred in a large, open region of the Bay, in an area where a blooln had not previously occurred. The exact causes of these blooms remain unknown. These events may indicate that. Biscayne Bray is showing; a decreased capacity, or resilience, to withstand such episodic events, whether caused by natural or human factors. These warning signs emphasize the importance of maintaining vigilance in assessment and monitoring of conditions in the Bay, to identify changes in the Bay and understand how these changes may affect the Bay's long-term health, and its environmental and econornic sustainability. In summary, what's at stake? Biscayne Bay is vital to the Miami -Dade economy, Further, the existence of consistent, good water duality is likely the linchpin that couples economic activity with the Bay itself If the duality of the water and natural amenities decline, as has been witnessed during recent algal blooms, so too will the economic activities critically dependent on a healthy bay. References ' Cruz, D. and R. Hesler. 2013, "Miami -Cade County Economic & Demographic Profile 2013 Dept. of Regulatory& Economic Resources. Economic Analysis & Policy. Miami -Dade County. http://www.nature.nps.gov/socia]5cience/docs/NPSV SE2012_final_nrss.pdf. ' Greater Miami Convention & Visitors Bureau. "2013 Visitor Industry overview". Miami, FL. http://www.miamiandbeaches.com/µ/media/fines/gm cvb/partners/research%20statistics/annual_, report. -20 13. ' Hazen and Sawyer. 2005. "Biscayne Bay Economic Study - Part 1, Baseline and Trend Report". http://www,sfrestore.org/rrct/bbay/documents/Lcon omic_Study_Executive_Summar.pdf. ' Youngquist, A. 2013. "The Value of Biscayne Bay to Local Recreational Businesses". Rosenstiel School of Marine and Atmospheric Science, University of Miami. http://www.sfrestore.org/rrct/bbay/meetings/2014_ meetings/021914/BB_value_to_local_bus.pdf. 5 US Department of the Mterior. 2014. `2012 National Park Visitor Spending Effects.," National Resource Report NPS/NRSS/EQD/NRR-2014/755, National Park Service. http://www.nature.nps.gov/sociaiscience/docs/NPSV SE2012._final-nrss.pdf. *Number of visitors times the number of days per visitor. Compiled September, 2014 by Chuck Adams, Florida Sea Grant, University of Florida, (352) 294-7667, cmadams@ufl.edu; and Stephen Blair, Miami -Dade Division of Environmental Resources Management, (305) 372-6853, BlairS@miamidade.gov. This publication was supported by the National Sea Grant - College Program of the U.S. Department of Cornmerce"s National Oceanic and Atmospheric Administration (NOAA) under, NOAA Grant No. NA10 OAR -4170079. The views expressed are those of the authors and do not necessarily reflect the views of these organizations. WIFAS Sea hijan UNIVFjtSrry,> F,01RIDA Florida