The Economic Contribution of Atlantic Highly Migratory Species Angling Permit Holders in New England and the Mid-Atlantic, 2011

Abstract: Highly migratory species (tunas, billfish, swordfish, and sharks) draw a dedicated following of specialized marine anglers that spend significant amounts of money in pursuit of these “big game” fish. In 2011, private vessels located in the Northeast and Mid-Atlantic coastal states (Maine to North Carolina) were estimated to have made 39,440 trips in pursuit of tuna, sharks, and billfish. In 2011, NOAA Fisheries conducted a mail survey of Atlantic Highly Migratory Species (HMS) Angling permit holders to collect data on expenditures associated with their most recent HMS fishing trip, and durable goods used for marine recreational angling in the previous 12 months. Atlantic HMS Angling Permit holders were estimated to have spent $23.2 million on HMS trip expenditures (e.g., fuel, ice, bait, food), and $151 million on durable goods (e.g., boats, vehicles, rods and reels). These expenditures are estimated to have contributed $266 million in total economic output to the economy of the Northeast and Mid-Atlantic regions, $153 million in value added outputs, $96 million in labor income, and 1,824 jobs from Maine to North Carolina. It should be noted that this survey only targeted HMS Angling permit holders; thus, estimates of economic impact do not include those associated with HMS for-hire trips, and impacts generated by the trip expenditures of those fishing with HMS Angling permit holders as only the vessel owner is required to purchase a permit.

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