Tag Archives: commercial fishing industry revenue
Stocks head for weekly loss as economy’s coronavirus pain deepens – Seafood industry hit hard
A federal report says the coronavirus pandemic has taken away about a third of the commercial fishing industry’s revenue. The National Oceanic and Atmospheric Administration says revenues from catch brought to the docks by commercial fishermen fell 29% over the course of the first seven months of the year. The report says revenues declined every month from March to July, including a 45% decrease in July. The NOAA report says the seafood industry at large has been hit hard by restaurant closures, social distancing protocols and the need for safety measures. >click to read< 09:15
