Alaska’s seafood industry suffers $1.8bn losses
2024-10-16T10:18:00
Beyond the economic impacts, the decline of fisheries in the region threatens a way of life, sense of place, community and identity, says new NOAA Fisheries report
A new economic snapshot focused on the Alaska seafood industry has been released by NOAA Fisheries, with the estimate from economists that it suffered a US$ 1.8 billion loss in 2022-2023, and also that Alaska’s fishing industry experienced a 50% decline in profitability in 2021-2023.