California Business Minute™

Hi, I am Tim Johnson and welcome to the California Business Minute.

A new report by the National Oceanic and Atmospheric Administration’s Fisheries Service,
entitled “Fisheries Economics of the United States, 2006,” which covers 1997 to 2006
illustrates that both commercial and recreational fishing generated more than $185 billion
in sales and supported more than two million jobs in 2006.

The commercial fishing industry — fishers, processors and dealers, seafood wholesalers
and seafood retailers — generated $103 billion in sales, $44 billion in income and supported
1.5 million jobs in 2006. The highest amount of sales generated by the commercial fishing
industry were in California ($9.8 billion), Florida ($5.2 billion), Massachusetts ($4.4 billion),
Washington ($3.8 billion), and Alaska ($3 billion). The most jobs were generated in California
(179,000), Florida (103,000), Massachusetts (83,000), Washington (75,000) and Texas (47,000).

Recreational fishing generated $82 billion in sales, $24 billion in income, and supported 534,000
jobs in 2006.Recreational fishing generated its highest economic effect in total sales and jobs
generated in Florida ($7.6 billion sales, 131,000 jobs); Texas ($2.2 billion sales, 34,000 jobs);
California ($1.9 billion sales, 23,000 jobs); North Carolina ($1.2 billion sales, 24,000 jobs);
and Louisiana ($1.2 billion sales, 27,000 jobs).

The report is the first volume in a new series designed to give the public accessible economic
information on fishing activities in the U.S.

I am Tim Johnson and this has been the California Business Minute.


Also see other California Business Minute items on fishing such as the 10-29-08 Minute entitled
Seafood Crisis and the article, CLOSED, California's Salmon Fishing Season and its Economic
Impacts under CA Insights at Research.