NOAA Economic report shows Commercial Fishery Values dwarf that of recreational sector
SEAFOODNEWS.COM April 30, 2014
NOAA has released ‘Fisheries Economics of the US’ covering the year 2012, and it should be required reading for all in Congress involved in reauthorization of the Magnuson Stevens Act.
The report shows once and for all that in terms of economic value, employment, sales and income, there is simply no comparison between the recreational and commercial sectors.
This fact is particularly important as lobbyists for the recreational sector call for reallocation of US fisheries resources, which would mean taking a broad economically productive asset and putting it in fewer and more private hands.
There is a wealth of specific information ....
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