U.S. fishing industry revenues down 29%
January 21, 2021
The coronavirus pandemic has taken away about a third of the nation’s commercial fishing industry’s revenue, according to a federal report released Jan. 15.
The National Oceanic and Atmospheric Administration said revenues from catch brought to the docks by commercial fishermen fell 29% over the course of the first seven months of 2020. Revenues declined every month from March to July, including a 45% decrease in July, the report said.
The NOAA report said the seafood industry at large has been hit hard by restaurant closures, social-distancing protocols and the need for safety measures...