- December 14, 2022
- Posted by: Stratford Team
- Category: Economy
SAN FRANCISCO, Dec. 14, 2022 /PRNewswire/ — Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, in partnership with independent advisory firm Oxford Economics, today released a new study on the economic impact of its global operations encompassing approximately 1.2 billion square feet1. According to the “The Future Flow of Goods” report, 2.8% of the world’s gross domestic product (GDP) flows through a Prologis property (or nearly 3% of all goods produced and sold globally came through a Prologis logistics property in 2022).
“We are proud of the customers we serve and the important role our facilities play in both delivering goods to the communities we serve and employing more than one million people throughout those communities,” said Hamid R. Moghadam, co-founder and CEO of Prologis. “This study underscores the importance the logistics industry has on the global economy and the essential nature of a fluid supply chain.”
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