Report portrays mixed picture of Alaska's huge seafood industry

The Alaska seafood industry remains an economic juggernaut, but it is under strain from forces outside of the state’s control, according to a new report commissioned by the state’s seafood marketing agency.

The report from the McKinley Research Group, titled The Economic Value of Alaska’s Seafood Industry, is the latest in a periodic series commissioned by the Alaska Seafood Marketing Institute.

The total economic value of the Alaska seafood industry in 2021 and 2022 was $6 billion, slightly more than the $5.6 billion tallied in 2019, the last full year prior to the COVID-19 pandemic, according to the new report and the previous version published in 2022.

Along with that good news, the McKinley Research Group’s report contains a warning about the industry’s economic future.

https://washingtonstatestandard.com/2024/04/27/report-portrays-mixed-picture-of-alaskas-huge-seafood-industry/