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Hooked on Finance: U.S. Fisheries Recommendations

Published in 2023-02

Responsible Alpha

Commercial fishing is a cornerstone of the U.S. economy, contributing billions of dollars annually and supporting millions of jobs at both national and local levels. In 2022, U.S. commercial fisheries harvested over 8.3 billion pounds of seafood valued at $5.9 billion. The industry generated an additional $183.4 billion in sales, $47.2 billion in income, and $74 billion in value-added impacts, supporting 1.6 million jobs across the broader economy. Sustaining this critical industry requires balancing economic growth with environmental sustainability.