Tag Archives: Economic Study

Southeast rivers are economic gold mine

An economic study commissioned by Salmon Beyond Borders concludes that transboundary watersheds facing potential adverse impact from British Columbia mines are valued at just under $1 million, when considering a 30-year horizon. The study by the McDowell Group, a Juneau research and consulting firm, measures the economic impact of the Taku, Stikine and Unuk river watersheds on the Southeast Alaska economy. The study found that, combined, these watersheds account for $48 million in direct spending, 400 jobs for the Southeast region and nearly $20 million in labor income. The study, released in late November, also estimated the exvessel value and first wholesale value of Mass and Skeena River sockeye salmon caught commercially as $620,000 and over $1.3 million respectively. Salmon Beyond Borders is a campaign driven by sport and commercial fish harvesters, community leaders, tourism and recreation business owners and concerned citizens, in collaboration with tribes and First Nations on both sides of the international border. Read the story here 12:44

East Hampton Fisheries Committee Pushes For Economic Study Of Local Fishing Industry

Cornell Cooperative Extension and the East Hampton Fisheries Committeefleet-study are looking for money to study how much the fishing industry contributes to the local economy. The research would be conducted by John Scotti and Emerson Hasbrouck, educators at Cornell Cooperative Extension. It would focus on the social, historic and economic impacts of the industry, as well as its future, and cost an estimated $100,000. The study would involve reaching out to businesses like hardware stores that sell equipment used in commercial fishing, as well as studying how and where fishing takes place. Brad Loewen, who chairs the East Hampton Town Fisheries Committee, Mr. Hasbrouck and Mr. Scotti discussed the proposed study at a Southampton Town Board work session on Thursday, November 10. Mr. Hasbrouck said the study could also be used by East End towns to apply for grants to rebuild docks or roads related to the industry. Read the story here 16:55