The Importance of the U.S. Coast: An In-Depth Look at Coastal Benefits and Risks
Fall 2014 By Howard Marlowe, President, Marlowe & Company LLC, Published in Shore & Beach, Vol. 82, No. 3
Abstract: This paper highlights the importance of our coastal economy to America's economic and societal welfare, demonstrates the need to mitigate coastal risks associated with severe storms and seal leave rise, and discusses lapses in federal government's efforts to redress coastal risks.
As fierce storms such as Hurricane Katrina and Superstorm Sand have demonstrated, America's coasts face substantial risks. The economic impact of coastal industry and tourism creates millions of jobs and generates billions of dollars of federal government tax revenue. Coastal communities' economic and fiscal impacts are so significant that an disturbance along the coast, even for a short period of time, could result in billions of dollars of lost income and tax revenue (Isador 2012).