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NOAA Report – Fisheries Economics of the United States 2011

New release: “U.S. commercial and recreational saltwater fishing generated more than $199 billion 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, is published annually on a two-year lag to allow data collection, analysis, and peer review. It provides economic statistics on U.S. commercial and recreational fisheries and marine-related businesses for each coastal state and the nation. Key to the report are the economic effects–jobs, sales, income, and value added to Gross National Product–of the commercial and recreational fishing industries. “Economic impact” measures how sales in each sector ripple throughout the state and national economy as each dollar spent generates additional sales by other firms and consumers.”

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