NOAA released the 11th Fisheries Economics of the United States report which provides the most up-to-date economic statistics on commercial and recreational fisheries as well as seafood-related businesses for each coastal state and the nation.
“In 2016, commercial and recreational saltwater fishing in the United States generated more than $212 billion in sales and contributed $100 billion to the country’s gross domestic product,” said Secretary of Commerce Wilbur Ross. “These critical industries supported 1.7 million jobs in communities across the country.”
A key piece of the latest report is the jobs, sales, income, and value added to the Gross Domestic Product by the fishing and seafood industries. This provides a measure of how sales from commercial and recreational fishing ripple through state and national economies as each dollar spent generates additional economic effects.
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