Saving Seafood

  • Home
  • News
    • Alerts
    • Conservation & Environment
    • Council Actions
    • Economic Impact
    • Enforcement
    • International & Trade
    • Law
    • Management & Regulation
    • Regulations
    • Nutrition
    • Opinion
    • Other News
    • Safety
    • Science
    • State and Local
  • News by Region
    • New England
    • Mid-Atlantic
    • South Atlantic
    • Gulf of Mexico
    • Pacific
    • North Pacific
    • Western Pacific
  • About
    • Contact Us
    • Fishing Terms Glossary

Marine economy in 2019 outpaced U.S. economy overall

June 8, 2021 — The following was released by NOAA:

America’s marine economy contributed about $397 billion to the nation’s gross domestic product in 2019 and grew faster than the nation’s economy as a whole, according to the most current results of the first official Marine Economy Satellite Account released today by two Department of Commerce agencies.

“America’s strong marine economy is absolutely vital for building back better,” said Secretary of Commerce Gina M. Raimondo. “President Biden sees the immense value and potential of strengthening America’s blue economy, and this administration will continue to take actions to combat the climate crisis, conserve our oceans, and protect our coastal communities.”

“These statistics show how powerful America’s blue economy is as a driver of jobs, innovation and economic growth,” said Ben Friedman, acting NOAA administrator. “This information will assist our nation’s economic recovery by helping policymakers, industry advocates, and organizations track and accelerate investments in target markets.”

For these statistics, experts from NOAA and the Bureau of Economic Analysis (BEA) described 10 sectors representing businesses dependent on the nation’s oceans, coasts and Great Lakes between the years 2014 and 2019. Marine-related gross domestic product grew 4.2% from 2018 to 2019, faster than the 2.2% growth of the total U.S. gross domestic product as measured in inflation-adjusted dollars. Businesses included in the report also generated a total of $665.7 billion in sales and supported 2.4 million jobs in 2019.

The 10 sectors ranked by their sales are:

  • Tourism and recreation, including recreational fishing ($235 billion)
  • National defense and public administration ($180 billion)
  • Offshore minerals ($93 billion)
  • Transportation and warehousing ($64 billion)
  • Commercial Ship and boat building ($31 billion)
  • Living resources, including commercial fishing and aquaculture ($27 billion)
  • Utilities ($12 billion)
  • Research and education ($10.4 billion)
  • Construction ($7.0 billion)
  • Professional and technical services ($6.3 billion)

“These statistics are further proof that our waters are vital for America’s economy,” said Nicole LeBoeuf, acting director of NOAA’s National Ocean Service. “It is nearly impossible to go a single day without eating, wearing, or using items that come from or through our ports and coastal communities.”

Last year, NOAA and BEA released the Ocean Economy Prototype statistics which covered 2014-2018 and were the most comprehensive measurement of the marine economy at the time. This year’s statistics offer improved national estimates for ocean, coastal, and Great Lakes-related economic activity by major sector, accounting for inflation. The data, report and other materials are available at Marine Economy | US Bureau of Economic Analysis (BEA) and on NOAA’s Digital Coast website. Send any comments or questions to MarineEconomy@noaa.gov.

Large-scale coral restoration beginning in Florida Keys National Marine Sanctuary

April 20, 2021 — The following was released by NOAA:

In the spirit of this year’s Earth Day theme “Restore our Earth,” NOAA and partners are beginning a three-year effort to outplant more than 60,000 fragments of nursery-raised coral at Eastern Dry Rocks Sanctuary Preservation Area off the coast of Key West, Florida. This is the first large-scale endeavor dedicated to Mission: Iconic Reefs, the unprecedented effort to restore seven coral reefs within Florida Keys National Marine Sanctuary.

“Outplanting at this unprecedented scale is one of many immediate actions needed to address the rapid decline in our treasured coral reefs,” said Ben Friedman, acting NOAA Administrator. “The Florida Keys has become a world leader in coral restoration with new techniques for addressing threats and accelerating coral growth, thanks to an unprecedented collaboration between NOAA, our partners, and a community of stewards.”

Eastern Dry Rocks contains a concentration of bank reef habitats that are ecologically and economically important to the Florida Keys. The elkhorn and staghorn corals that are being transplanted across more than nine acres include a high number of distinct genetic strains representing the historical diversity found on these reefs, and genotypes that have exhibited the highest survival and growth rates. Practitioner partners that will assist in the outplanting grew the corals in their respective nurseries over six to eight months.

NOAA and the National Fish and Wildlife Foundation awarded a $5 million grant through the National Coastal Resilience Fund to the National Marine Sanctuary Foundation, in partnership with Mote Marine Laboratory & Aquarium and Coral Restoration Foundation™ to restore Eastern Dry Rocks. The grant is the largest one-time investment since the initiative was announced in December 2019.

Scott Winters, CEO of Coral Restoration Foundation, said “Coral Restoration Foundation has already begun a massive expansion of our Coral Tree Nursery in Key West to support the restoration of Eastern Dry Rocks. Since January 2021, we have now replenished the site with more than 1,085 genetically diverse staghorn and elkhorn corals and are well on our way to hitting our target of 7,350 by the end of the year. Knowing that we are not doing this alone, that this work is part of a much larger, coordinated effort, gives us a renewed sense of hope for the future of the Florida Keys.”

“We are excited to press forward with the application of Mote’s innovative science-based coral restoration of genetically-resilient corals on such a broad scale at Eastern Dry Rocks,” said Michael P. Crosby, Mote Marine Laboratory & Aquarium President & CEO. “Mission: Iconic Reefs is one of the largest reef restoration efforts in the world, and the collaborative efforts of Mote, NOAA, and our partners is unprecedented in this field. Florida’s Coral Reef is vital to our environment and economy, so Mote will continue to maximize our restoration efforts in support of Mission Iconic Reefs whenever possible.”

In later stages of the project, students and faculty of College of the Florida Keys will also help reintroduce thousands of herbivores, like the Caribbean King Crab, to the site to serve as natural grazers that help sustain a healthy ecosystem.

“In many ways, Eastern Dry Rocks serves as a test case for the other six Iconic Reef sites—from research and development on grazers to refinement of methodologies for maintenance and preparation,” said Sarah Fangman, Florida Keys National Marine Sanctuary Superintendent. “Lessons learned from Eastern Dry Rocks will form the basis for standard operating procedures and implementation plans of future Iconic Reef sites.”

Informed by years of research, successful trials, and expertise from dozens of coral scientists and restoration practitioners, NOAA believes this scientific and collaborative restoration plan will put Florida’s reefs on track for recovery and demonstrate how restoration can support a vibrant, sustainable, local economy and help buffer communities from coastal storms. The reef track in the Keys attracts millions of visitors per year, accounting for more than $2 billion of economic impact.

“Florida Keys’ iconic reefs, including Eastern Dry Rocks, are the basis for thriving ecosystems underwater and the critical tourism economy on dry land,” said Kris Sarri, president and CEO of the National Marine Sanctuary Foundation. “This project will transform how we approach coral restoration.”

Recent Headlines

  • Scallops: Council Initiates Framework 35; Approves 2023-2024 Research-Set Aside Program Priorities
  • Offshore wind farms could reduce Atlantic City’s surfclam fishery revenue up to 25%, Rutgers study suggests
  • ‘Talk with us, not for us’: fishing communities accuse UN of ignoring their voices
  • VIRGINIA: Youngkin administration warns feds new wind areas could hurt commercial fisheries
  • Whale activists file objection to Gulf of Maine lobster fishery certification
  • NOAA Fisheries Invites Public Comment on New Draft Equity and Environmental Justice Strategy
  • MAINE: Lobstermen frustrated by regulations after new study shows whale entanglements decline
  • Over 100 Maine seafood dealers and processors awarded more than $15 million in grants

Most Popular Topics

Alaska Aquaculture ASMFC Atlantic States Marine Fisheries Commission California China Climate change Coronavirus COVID-19 Donald Trump groundfish Gulf of Maine Gulf of Mexico Illegal fishing IUU fishing Lobster Maine Massachusetts Mid-Atlantic National Marine Fisheries Service National Oceanic and Atmospheric Administration NEFMC New Bedford New England New England Fishery Management Council New Jersey New York NMFS NOAA NOAA Fisheries North Atlantic right whales North Carolina North Pacific offshore energy Offshore wind Pacific right whales Salmon Scallops South Atlantic Tuna Western Pacific Whales wind energy Wind Farms

Daily Updates & Alerts

Enter your email address to receive daily updates and alerts:
  • This field is for validation purposes and should be left unchanged.
Tweets by @savingseafood

Copyright © 2022 Saving Seafood · WordPress Web Design by Jessee Productions