Seabank

Economic Value of the Alaska Seafood Industry

The Alaska Seafood Marketing Institute (ASMI) contracted with McDowell Group, an Alaska-based research firm, to measure the economic impact of the Alaska seafood industry in the state of Alaska (statewide and regionally), in Washington State, and in the U.S. economy overall. This report considers all of the direct, indirect, and induced economic effects of the Alaska seafood industry, including the entire value chain, from harvest to retail sales. The report also provides background information on harvest volume and value, production volume and value, and participation within Alaska's seafood industry. Following are key findings from the study.