Fish RadioUS Fishing
March 12, 2013

Fisheries Economics of the US

 This is Fish Radio. I’m Laine Welch — How fisheries add up in the US economy. I’ll tell you more after this – [The full report is listed under Updates on this site]

 Federal grants are available to help “Made in America” companies compete with imports and save US jobs. Learn more at www.nwtaac.org.

 Alaska Seafood U  is the new school of fish! The online training tool offers Alaska seafood training for employees of retail groceries and restaurants. Learn more at www.alaskaseafood.org

 Fisheries – both commercial and recreational – add a big chunk to the nation’s bottom line, and a report just released by NOAA Fisheries breaks it down by region. The report tracks   the economic effects, price trends, employment, sales, payroll and annual receipt information for fishing-related businesses, from 202 through 2011.   

Highlights show commercial fishermen caught nearly 10 billion pounds of fish and shellfish in 2011 valued at $5.3 billion. Pacific salmon, sea scallops, shrimp and lobster contributed the most to total revenue. For poundage,  pollock, menhaden and Pacific salmon accounted for more than half of the US fish landed.

 For Alaska, where no stocks are listed as overfished, the seafood industry generated $4.7 billion in sales, $2 billion in income and more than 63,000 jobs in 2011. Seafood processing and dealer operations contributed 26 percent to in-state sales for Alaska businesses generating over a billion dollars in sales. 

 Alaska pollock  made up more than half the total catch over the decade, followed by salmon, Pacific cod and flatfish.

 When comparing   dock prices over the decade, and accounting for inflation, the biggest change was for Atka mackerel at  378%; salmon prices increased by 114%; halibut increased 200% and 159% for sablefish. On the low side, herring showed the biggest price decrease, dropping 46%.

 Find the report at www.noaa.gov – and  learn more about Alaska fish markets next month at ComFish in Kodiak, April 11-13. www.comfishalaska.com .  

 Fish Radio is also brought to you by Ocean Beauty Seafoods, an Alaska corporation proudly supporting Alaska’s coastal communities and the Alaskans who depend on fishing for their livelihoods and culture.  www.oceanbeauty.com    In Kodiak, I’m Laine Welch.

 

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