Tag Archives: Bureau of Economic Analysis

Lobster Economics in Knox County – Lobster catch carries on maritime tradition, fuels economy

The lobster industry is a vital one for the region, earning harvesters $111 million in 2020 with a catch of slightly more than 25 million pounds. Statewide, nearly 97 million pounds of lobsters were landed in 2020 in Maine with harvesters paid $406 million. Lobsters account for 79 cents of every $1 of seafood landed in Maine. The overwhelming bulk of the lobsters are caught from July through November. The $111 million paid to Knox County harvesters in 2020 is down from the $143 million earned in 2019. >click to read< 08:05

Gina M. Raimondo Sworn in as 40th U.S. Secretary of Commerce

Gina M. Raimondo was sworn in as the 40th U.S. Secretary of Commerce. Secretary Raimondo was sworn in by Vice President Kamala Harris after a bipartisan vote of 84-15 in the United States Senate. In her role as Secretary of Commerce, Raimondo will lead a key agency focused on promoting economic growth, >click to read<11:20