Economic Activities
The Gulf Coast is a major center of economic activity. The marshlands along the Louisiana and Texas coasts provide breeding grounds and nurseries for ocean life that drive the fishing and shrimping industries. The Port of South Louisiana (Metropolitan New Orleans in Laplace) and the Port of Houston are two of the ten busiest ports in the world by cargo volume. As of 2004, seven of the top ten busiest ports in the U.S. are on the Gulf Coast.
The discovery of oil and gas deposits along the coast and offshore, combined with easy access to shipping, have made the Gulf Coast the heart of the U.S. petrochemical industry. The coast contains nearly 4,000 oil platforms.
Besides the above, the region features other important industries including aerospace and biomedical research, as well as older industries such as agriculture and — especially since the development of the Gulf Coast beginning in the 1920s and the increase in wealth throughout the United States — tourism.
Read more about this topic: Gulf Coast Of The United States
Famous quotes containing the words economic and/or activities:
“Freedom is the by-product of economic surplus.”
—Aneurin Bevan (1897–1960)
“The most remarkable aspect of the transition we are living through is not so much the passage from want to affluence as the passage from labor to leisure.... Leisure contains the future, it is the new horizon.... The prospect then is one of unremitting labor to bequeath to future generations a chance of founding a society of leisure that will overcome the demands and compulsions of productive labor so that time may be devoted to creative activities or simply to pleasure and happiness.”
—Henri Lefebvre (b. 1901)