Thursday, March 14, 2013

Fishing is big business in the US


U.S. commercial and recreational saltwater fishing generated more than $199 billion dollars in sales and supported 1.7 million jobs in the nation’s economy in 2011, according to a new economic report released by NOAA’s Fisheries Service.
The report, Fisheries Economics of the United States 2011 provides economic statistics on U.S. commercial and recreational fisheries and marine-related businesses for each coastal state and the nation.
The US seafood industry—harvesters, seafood processors and dealers, seafood wholesalers and retailers—generated $129 billion dollars in sales impacts, $37 billion dollars in income impacts and supported 1.2 million jobs in 2011, the most recent year included in the report.
The greatest portion of the nation’s landings revenue generated by the commercial fishing industry was in Alaska at $1.9 billion dollars, followed by Massachusetts and Maine.
The five states that generated the most jobs from fishing in 2011 were California, Massachusetts, Florida, Washington, and Alaska.
Recreational fishing generated $70 billion in sales impacts, $20 billion in income impacts, and supported 455,000 jobs in 2011.
Saltwater recreational fishing generated its highest economic effect in sales impacts and jobs in West Florida at $4.9 billion dollars in sales and 47,000 jobs.
East Florida came is second at $3.3 billion dollars in sales and 29,000 jobs followed by Louisiana, North Carolina, Texas and New Jersey.
Fisheries Economics of the United States 2011 is available online : We have posted the link on the news page at oysterradio.com and on the Oyster Radio facebook page.



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