US fishing generated $199 billion in 2011

14 Mar 2013
US economic impact trends of commercial fisheries. Credit: NOAA

US economic impact trends of commercial fisheries. Credit: NOAA

NOAA’s Fisheries Service has released a report that has found that US fishing generated more than $199 billion in sales and supported 1.7 million jobs in the nation’s economy in 2011.

The report, Fisheries Economics of the United States 2011, provides economic statistics on US commercial and recreational fisheries and marine-related businesses for each coastal state and the nation.

The seafood industry (which includes harvesters, seafood processors and dealers, seafood wholesalers and retailers) generated $129 billion in sales impacts, $37 billion in income impacts and supported 1.2 million jobs in 2011, the most recent year included in the report.

Recreational fishing generated $70 billion in sales impacts, $20 billion in income impacts, and supported 455,000 jobs in 2011. Compared to 2010, the numbers are up for all of these impacts except commercial seafood sales.

“Commercial and recreational fishing are integral parts of the nation’s social and economic fabric,” said Sam Rauch, deputy assistant NOAA administrator for NOAA’s Fisheries Service. “While there’s still work to do, to see landings and value climb in 2011 shows we’re moving in the right direction, even in this time of challenging transition for many fishing communities.”

Fisheries Economics of the United States 2011 is available online.

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