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Trends in selected Northeast Region marine industries
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2008
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Description:"The Northeast Fisheries Science Center provides scientific assessments and management advice for managed fishery resources in the 'Northeast region' ranging from the US/Canada border in Maine to Cape Hatteras, NC. This study examines the performance and relative contribution of marine industries in coastal states bordering this Northeast region over time. These states include the New England states of Maine, New Hampshire, Massachusetts, Rhode Island, and Connecticut. The 'mid-Atlantic region' is defined for study purposes as New York, New Jersey, Delaware, Maryland, Virginia, and North Carolina. For purposes of this study, the Northeast region marine-based economy identifies 14 industrial sectors classified under the North American Industry Classification System and/or the Standard Industrial Classification system, depending on year. In addition to a combined marine-based sector, trends in performance of these sectors are reported separately as well as in three industry groupings: seafood commerce (commercial fishing, seafood dealers, seafood processors, and retail fish markets), recreational boating (boat building, boat dealers, marinas, and sightseeing excursion services), and water transportation (shipping, ship building, marine cargo handling, port operations, and navigational services). Measures of performance include total employment, number of establishments, the location quotient, and the Herfindahl index. The location quotient provides a relative measure of regional specialization while the Herfindahl index measures changes in industry concentration. The principal source of data used in this study was annual County Business Patterns data for the years 1986-2005. Methods to estimate employment where data have been suppressed because of confidentiality concerns are described. For commercial fishing, nonemployer statistics from the US Census Bureau and quarterly employment data from the Bureau of Labor Statistics were used. The marine sector represents about 0.5% of total employment in the Northeast region. Employment growth has been positive, increasing at about the same rate as employment in the general economy. However, important differences exist in performance among the three marine subgroups and across states. Employment has been declining in both the seafood commerce and the water transportation subgroups, albeit at an average annual rate of less than 1%. Overall employment growth has been positive only because employment growth in the marine recreational boating subgroup has more than offset the employment declines in the seafood commerce and water transportation sectors. This also implies that employment in the marine recreational boating subgroup has been expanding at a rate greater than that of the general economy. Among the Northeast states marine sector employment has been declining in Maryland, Maine, New York, and Virginia. In each of these states positive growth in marine recreational boating employment has not been sufficient to offset declines in other marine subgroups"--Abstract.
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Content Notes:by Eric M. Thunberg.
"July 2008."
"Print publication date July 2008 ; web version posted April 21,2009"--Publication's home page
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
Includes bibliographical references ( p. 20-22).
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Rights Information:Public Domain
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