Guest blog post by Eileen Sobeck, NOAAâ€™s Assistant Administrator for Fisheries
Fishing is big business in the United States. From commercial fisheries to recreational and charter boat business owners, fishing contributes to the United Statesâ€™ economy and supports jobs. According to new reports issued today by NOAA Fisheries, we continue to see positive economic impacts from commercial and recreational U.S. fisheries as well as progress in rebuilding our nationâ€™s fish stocks.
Between 2011 and 2012 alone, U.S. commercial and recreational saltwater fishing generated more than $199 billion in sales impacts, contributed $89 billion to gross domestic product, and supported 1.7 million jobs.
Breaking down the numbers a little more, the value chain of the commercial fishing industryâ€”harvesters, processors, dealers, wholesalers, and retailersâ€”generated $141 billion in sales, $39 billion in income and supported 1.3 million jobs in 2012.
The recreational fishing sector generated $58 billion in sales, $19 billion in income, and supported 381,000 jobs in 2012.
Surprised? You shouldnâ€™t be. The United States is a world leader in responsibly managed fisheries, and thereâ€™s no doubt that our approach to management is directly tied to the positive economic impacts across the broader U.S. economy in the last few years as we see in the Fisheries Economics of the U.S. 2012 report.