The value of the seafood from Alaska in 2011 was well over $6-billion dollars according to a new report from the Alaska Seafood Marketing Institute. The report includes some detailed information about the size and scope of the seafood industry in Bristol Bay.
The report is titled the “Economic Value of the Alaska Seafood Industry” and it was prepared for ASMI by the McDowell Group. It’s the first time such a report was put together that considers all of the direct, indirect, and other economic effects of the Alaska seafood industry.
The report shows that in the Bristol Bay region the seafood industry directly employed about 13.2-thousand people in 2011 and the new report shows that about 49-percent of all working age adults in the region directly participated in the seafood industry. About 7.5-thousand fishermen participated in the Bristol Bay fisheries in 2011 and 1,655 of those fishermen were Bristol Bay residents. The new report indicates that about 5.5-thousand seafood processors worked in the region in 2011 and they earned about $44-million dollars. Only 290 of those processing workers were area residents.
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National Fisherman Live: 11/06/14
In this episode:
NOAA report touts 2013 landings, value increases
Panama fines GM salmon company Aquabounty
Gulf council passes Reef Fish Amendment 40
Maine elver quota cut by 2,000 pounds
Offshore mussel farm would be East Coast’s first
NOAA and its fellow Natural Resource Damage Assessment trustees in the Deepwater Horizon oil spill have announced the signing of a formal Record of Decision to implement a gulf restoration plan. The 44 projects, totaling an estimated $627 million, will restore barrier islands, shorelines, dunes, underwater grasses and oyster beds.