Above average employment reported in fisheries, but there's a drop in salmon prices

JUNEAU, Alaska (KINY) - Fishing in the U.S. generated $208 billion in both the commercial and recreational sectors in 2015, adding $97 billion to the gross domestic product and supporting 1.6 million full- and part-time jobs.

Those details were contained in two reports released by the National Oceanic and Atmospheric Administration on Tuesday.

While the news was overall positive – with above average employment reported in fisheries – one darker spot was a drop in salmon prices. Salmon prices have reportedly dropped 24% since 2014, losing $133 million overall, despite some record-setting catches.

The commercial fishing and seafood industry (including imports) generated $144 billion worth of sales in 2015, a 6% drop from 2014, and supported 1.2 million jobs, a 15% drop from the previous year.
 

More from News of the North