PortMiami’s economic impact reaches far beyond South Florida, a recently released study shows.

Port officials tapped Martin Associates, a consulting firm, to conduct an economic impact study as the port undergoes significant improvements and adds more space for cargo and cruise ships. It shows the port is a major income generator and creates more than $1 billion in state and local taxes.

The study focuses on the economic impacts of PortMiami in 2016. It was measured in terms of jobs, personal income,…