Prologis Powers $3.2 Trillion in Global Trade and Supports 3.6 Million Jobs
Prologis (NYSE: PLD) released a new Oxford Economics report highlighting its substantial global economic impact in 2024. The logistics real estate giant's warehouses handled goods worth $3.2 trillion, representing 2.9% of global GDP. The company's 1.3 billion square foot portfolio supported 3.6 million jobs worldwide and contributed $348 billion to the global economy.
The report revealed significant growth in warehouse employment, particularly in Mexico (+91%) and Canada (+47%), with global direct warehouse jobs increasing 8% since 2022. In the United States, where goods movement totaled $2 trillion, California led with $465 billion in throughput and 162,000 direct jobs, followed by Texas with $273 billion in throughput and 223,000 total jobs.
Prologis (NYSE: PLD) ha pubblicato un nuovo rapporto di Oxford Economics che evidenzia il suo significativo impatto economico globale nel 2024. I magazzini del gigante immobiliare della logistica hanno gestito merci per un valore di 3,2 trilioni di dollari, pari al 2,9% del PIL mondiale. Il portafoglio dell'azienda, che copre 1,3 miliardi di piedi quadrati, ha sostenuto 3,6 milioni di posti di lavoro in tutto il mondo e ha contribuito con 348 miliardi di dollari all'economia globale.
Il rapporto ha evidenziato una crescita significativa nell'occupazione nei magazzini, soprattutto in Messico (+91%) e Canada (+47%), con un aumento globale dell'8% dei posti di lavoro diretti nei magazzini rispetto al 2022. Negli Stati Uniti, dove il movimento di merci ha raggiunto 2 trilioni di dollari, la California 猫 stata leader con un transito di merci di 465 miliardi di dollari e 162.000 posti di lavoro diretti, seguita dal Texas con 273 miliardi di dollari di transito merci e 223.000 posti di lavoro totali.
Prologis (NYSE: PLD) public贸 un nuevo informe de Oxford Economics que destaca su considerable impacto econ贸mico global en 2024. Los almacenes del gigante inmobiliario log铆stico manejaron mercanc铆as por un valor de 3,2 billones de d贸lares, representando el 2,9% del PIB mundial. La cartera de la compa帽铆a, que abarca 1,3 mil millones de pies cuadrados, apoy贸 3,6 millones de empleos en todo el mundo y contribuy贸 con 348 mil millones de d贸lares a la econom铆a global.
El informe revel贸 un crecimiento significativo en el empleo en almacenes, especialmente en M茅xico (+91%) y Canad谩 (+47%), con un aumento global del 8% en los empleos directos en almacenes desde 2022. En Estados Unidos, donde el movimiento de mercanc铆as totaliz贸 2 billones de d贸lares, California lider贸 con 465 mil millones de d贸lares en flujo y 162,000 empleos directos, seguida por Texas con 273 mil millones de d贸lares en flujo y 223,000 empleos totales.
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Prologis (NYSE : PLD) a publi茅 un nouveau rapport d'Oxford Economics soulignant son impact 茅conomique mondial consid茅rable en 2024. Les entrep么ts du g茅ant de l'immobilier logistique ont trait茅 des marchandises d'une valeur de 3,2 billions de dollars, repr茅sentant 2,9 % du PIB mondial. Le portefeuille de l'entreprise, couvrant 1,3 milliard de pieds carr茅s, a soutenu 3,6 millions d'emplois dans le monde et contribu茅 脿 hauteur de 348 milliards de dollars 脿 l'茅conomie mondiale.
Le rapport a r茅v茅l茅 une croissance significative de l'emploi dans les entrep么ts, notamment au Mexique (+91 %) et au Canada (+47 %), avec une augmentation mondiale de 8 % des emplois directs dans les entrep么ts depuis 2022. Aux 脡tats-Unis, o霉 le mouvement des marchandises a totalis茅 2 billions de dollars, la Californie a pris la t锚te avec un flux de marchandises de 465 milliards de dollars et 162 000 emplois directs, suivie du Texas avec un flux de 273 milliards de dollars et 223 000 emplois au total.
Prologis (NYSE: PLD) ver枚ffentlichte einen neuen Bericht von Oxford Economics, der die erhebliche globale wirtschaftliche Wirkung im Jahr 2024 hervorhebt. Die Lagerh盲user des Logistik-Immobilienriesen bearbeiteten Waren im Wert von 3,2 Billionen US-Dollar, was 2,9 % des globalen BIP entspricht. Das Portfolio des Unternehmens mit 1,3 Milliarden Quadratfu脽 unterst眉tzte 3,6 Millionen Arbeitspl盲tze weltweit und trug 348 Milliarden US-Dollar zur Weltwirtschaft bei.
Der Bericht zeigte ein deutliches Wachstum der Besch盲ftigung in Lagerh盲usern, insbesondere in Mexiko (+91%) und Kanada (+47%), wobei die globalen direkten Lagerarbeitspl盲tze seit 2022 um 8 % zunahmen. In den Vereinigten Staaten, wo der Warenumschlag 2 Billionen US-Dollar betrug, f眉hrte Kalifornien mit 465 Milliarden US-Dollar Durchsatz und 162.000 direkten Arbeitspl盲tzen, gefolgt von Texas mit 273 Milliarden US-Dollar Durchsatz und 223.000 Gesamtarbeitspl盲tzen.
- Handled goods worth $3.2 trillion, equivalent to 2.9% of global GDP
- Operations supported 3.6 million jobs worldwide
- Contributed $348 billion to the global economy
- Generated $77 billion in global tax revenues
- Significant employment growth in Mexico (+91%) and Canada (+47%)
- 8% increase in global direct warehouse jobs since 2022
- None.
Insights
Prologis' massive economic footprint (2.9% of global GDP, 3.6M jobs) demonstrates its critical infrastructure position in global logistics.
The new Oxford Economics report quantifies Prologis' enormous economic footprint with impressive precision. The $3.2 trillion of goods flowing through Prologis facilities represents 2.9% of global GDP 鈥� effectively making the company's warehouse network a significant economic force comparable to a medium-sized nation.
What's particularly notable is the job creation multiplier effect. While Prologis directly employs relatively few people compared to its economic impact, its facilities support 3.6 million jobs globally. This demonstrates how logistics infrastructure acts as an economic catalyst rather than just a passive real estate holding.
The geographic distribution reveals strategic positioning in key markets. California leads with $465 billion in throughput, but the rapid growth in Mexico (+91%) and Canada (+47%) suggests Prologis is capitalizing on nearshoring trends and trade agreement advantages across North America.
The $348 billion GDP contribution and $77 billion in tax revenues illustrate how logistics infrastructure transforms simple warehouse space into economic leverage points. For context, Prologis' economic contribution exceeds the entire GDP of countries like Denmark or Singapore.
These metrics reflect Prologis' evolution from a traditional REIT into a critical node in global supply chains. By quantifying its economic significance, Prologis positions itself as essential infrastructure rather than just commercial real estate 鈥� a distinction that may provide greater resilience during economic fluctuations and potentially command premium valuations.
New report underscores company's critical role in the global economy
Other key findings from the 2024 Future Flow of Goods report include:
- Economic activity in Prologis warehouses generated
$77 billion Mexico (+91% ) andCanada (+47% ) saw some of the biggest employment gains, with Prologis direct warehouse jobs up8% globally since 2022.
"Our customers depend on fast, reliable logistics to meet the needs of their businesses and communities," said Hamid R. Moghadam, Prologis' co-founder, chairman and CEO. "We're the critical link that keeps goods, services and local economies moving."聽
This year's report also includes impact data for the 22 states in which Prologis operates in
California led all states with$465 billion $54 billion Texas ranked second, with$273 billion Illinois ,Georgia andPennsylvania also stood out, each with over$100 billion
The Future Flow of Goods report is produced in collaboration with Oxford Economics. First published in 2017, this is the fourth installment of the report, reflecting Prologis' growing footprint. The study estimates the throughput of goods through Prologis warehouses, the direct employment of workers in Prologis warehouses and the total economic impact of the activity of those workers across the direct (in the warehouses themselves), indirect (full supply chain) and induced (economic activity supported by spending out of wages) channels.
The report also shows that Prologis' impact stretches far beyond the walls of its warehouses, fueling supply chains, boosting local economies and supporting millions of jobs through its customers' operations.聽
"Our logistics facilities are engines of economic activity," said Dan Letter, president of Prologis. "They support jobs, enable business growth and help communities thrive 鈥� the ripple effects are real."
To view and download the full report, visit .
About Prologis
The world runs on logistics. At Prologis, we don't just lead the industry, we define it. We create the intelligent infrastructure that powers global commerce, seamlessly connecting the digital and physical worlds. From agile supply chains to clean energy solutions, our ecosystems help your business move faster, operate smarter and grow sustainably. With unmatched scale, innovation and expertise, Prologis is a category of one鈥搉ot just shaping the future of logistics but building what comes next. Learn more at .
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SOURCE Prologis, Inc.
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