The Alaska Seafood Marketing Institute (ASMI) recently released its “2022 Economic Value of Alaska’s Seafood Industry” report, affirming that Alaska’s seafood industry is an essential driver of the state’s economy. The state harvests two-thirds of the nation’s seafood, more wild-caught seafood than all other states combined.
Grocery stores in the United States reported record seafood sales during the pandemic. According to the report, the national economic impact of Alaska’s seafood industry includes $6.4 billion in direct output associated with fishing, processing, distribution and retail. It also includes $8.6 billion in multiplier effects generated as the industry’s direct output circulates throughout the U.S. economy.
“Alaska’s seafood industry continues to play a vital role in supporting Alaska’s economy,” said Jeremy Woodrow, executive director of Juneau-based ASMI. “The economic value of Alaska…
