Wednesday, August 28, 2013

Fishing is a 5 billion dollar industry in Florida

Fishing is a $5 billion industry in Florida, according to the latest Economic Commentary report from Florida TaxWatch.

In 2013, more than 1.2 million non-residents have fished during a visit to Florida.

In addition to attracting anglers from around the world to fish, Florida hosts boating and fishing expos throughout the year, drawing visitors and their tax dollars to the state economy.

Florida fishing helps support many industries that impact the state economy, including retail, manufacturing and research, in addition to the impact on tourism.

More than half of the $5 billion fishing industry expenditures come from non-angler related expenses.


Additionally, Florida generated $36.2 million dollars last year from the issuance of freshwater and saltwater fishing licenses, revenues which help to keep fish populations sustainable and ensures the continuation of the fishing industry. 

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