From the Editor: Alaska Seafood Snapshot
Just before this issue went to print, NOAA Fisheries announced the release of a new report that paints a gloomy portrait of the state of Alaska’s seafood industry. It’s something that commercial fishermen in the region will want to read.
In the report, economists estimate that Alaska’s seafood industry suffered a $1.8 billion loss in 2022-2023, and that the industry saw a 50% decline in profitability between 2021 and 2023.
This, according to the data, has resulted in more than 38,000 job losses nationwide and a $4.3 billion loss in total U.S. output, which is the total dollar value of all goods and services produced.
The most affected states—including Alaska, Washington, Oregon and California—saw a combined loss of $191 million in state and local tax revenues, the report says.
Economis...