Mississippi shrimp industry generated more than 3,000 jobs in 2009

ECONOMIC IMPACTS OF THE MISSISSIPPI SHRIMP INDUSTRY IN 2009

Economic Sectors

1. The commercial harvesting sector corresponds to economic sectors 114111 or “finfish fishing” and 114112 or “shellfish fishing” in the North American Industrial Classification System.
2. The seafood processing sector primarily corresponds to code 311711 or “seafood canning” and code 311712 or “fresh and frozen seafood processing” in the North American Industrial Classification System.
3. The seafood wholesaling sector corresponds to NAICS codes 424460 or “fish and seafood merchant wholesalers” in the North American Industrial Classification System.
4. The seafood retailing sector corresponds to NAICS code 445220 or “fish and seafood markets” in the North American Industrial Classification System.
5. The eating and drinking places sector includes “full-service restaurants” and limited-service restaurants”in the North American Industrial Classification System.

Read more at http://www.coastal.msstate.edu/econimpactsshrimp.html.

New NCRAC Publication: Marketing Aquaculture Products

The new NCRAC publication, “Marketing Aquaculture Products”, is designed to be a very practical and extensive guide to help farmers get their products to market. Herein, readers will discover why many businesses fail, how to market their products as well as themselves, how to deal with distributors and retailers, how to plan their marketing strategy, and how to use the Market Maker website http://national.marketmaker.uiuc.edu/ . This 61-page publication will be available as a PDF on the NCRAC website http://www.ncrac.org/files/MarketMaker-Pub-0034.pdf; hard copies will be available for purchase at $25 from the Center.

More than 9,000 Jobs Were Created by the Marine Recreational Fishing Sector in MS and AL

The total economic impact is the sum of direct, indirect and induced impacts.

1. Indirect impacts result from changes in economic activity of other industrial sectors which supply goods or services to the sector being evaluated.
2. Induced impacts are the result of personal consumption expenditures by industry employees.

Read more at http://www.coastal.msstate.edu/msalemploymentimpactsrecreationalfishing.html

Charter Boats For-Hire in MS and AL Provide Jobs to More Than 350 Workers

Sector Definition

The charter boats for-hire are included in the NAICS code 487210 or “Scenic and Sightseeing Transportation, Water” in the North American Industrial Classification System (NAICS, 2011).

• This industry comprises establishments primarily engaged in providing scenic and sightseeing transportation on water.
• The services provided are usually local and involve same-day return to place of origin.

Employment Impacts

The total employment impact is the sum of direct, indirect and induced impacts.

1. Indirect impacts result from changes in economic activity of other industrial sectors which supply goods or services to the sector being evaluated.
2. Induced impacts are the result of personal consumption expenditures by industry employees.

Read more at http://www.coastal.msstate.edu/msalemploymentimpactscharterboats.html

Live Bait Dealers in MS and AL Employed Almost 900 Workers

Sector Definition

The live bait merchant wholesalers are included in the NAICS code 424990 or “other miscellaneous nondurable goods merchant wholesalers” in the North American Industrial Classification System (NAICS, 2011).

• This industry comprises establishments primarily engaged in the merchant wholesale distribution of nondurable goods.

Employment Impacts

The total employment impact is the sum of direct, indirect and induced impacts.

• Indirect impacts result from changes in economic activity of other industrial sectors which supply goods or services to the sector being evaluated.
• Induced impacts are the result of personal consumption expenditures by industry employees.

More at http://www.coastal.msstate.edu/msalemploymentimpactslivebait.html

Commercial Marinas Provide More Than 800 Jobs in MS and AL

Sector Definition

The commercial marinas are included in the NAICS code 713930. This industry comprises establishments, commonly known as marinas, engaged in operating docking and/or storage facilities for pleasure craft owners, with or without one or more related activities, such as retailing fuel and marine supplies; and repairing, maintaining, or renting pleasure boats.

Employment Impacts

The total employment impact is the sum of direct, indirect and induced impacts.

1. Indirect impacts result from changes in economic activity of other industrial sectors which supply goods or services to the sector being evaluated.
2. Induced impacts are the result of personal consumption expenditures by industry employees.

More at http://www.coastal.msstate.edu/msalemploymentimpactsmarinas.html.

Employment Impacts of the Ship Building Sector in Mississippi and Alabama

Sector Definition

The ship building and repairing sector is included in the NAICS code 336611 which comprises establishments primarily engaged in operating a shipyard.

• Shipyards are fixed facilities with drydocks and fabrication equipment capable of building a ship, defined as watercraft typically suitable or intended for other than personal or recreational use.
• Activities of shipyards include the construction of ships, their repair, conversion and alteration, the production of prefabricated ship and barge sections, and specialized services, such as ship scaling.. 

Employment Impacts

The total employment impact is the sum of direct, indirect and induced impacts.

1. Indirect impacts result from changes in economic activity of other industrial sectors which supply goods or services to the sector being evaluated.
2. Induced impacts are the result of personal consumption expenditures by industry employees.

Read more at http://www.coastal.msstate.edu/msalemploymentimpactsship&boatbuilding.html

Average Food Expenditures per Household in my County

The Market Research tool available in MarketMaker is very valuable for both new and existing businesses. New businesses can use it to research potential markets and existing businesses can use it to research their current market for changing trends.

1. Open the Mississippi MarketMaker home page and locate the Market Research tab on the Left hand Side of the page
2. Click the first drop down tab and select ‘Food Preferences’.
3. Select “Average Dinner Away from Home Expenditures” in the Subtype dropdown menu and select the Search tab.
4. A map of the results will be displayed along with a chart showing the data. You may then select a different state or county. For this example, Jackson County was used as shown above.

Read more at – http://coastal.msstate.edu/MSMMNewsletter050213.html

TOTAL SALES AND EMPLOYMENT IMPACTS OF THE SEAFOOD WHOLESALING SECTOR IN THE GULF OF MEXICO STATES

Sector Definition

The seafood wholesaling sector corresponds to NAICS codes 424460 or “fish and seafood merchant wholesalers” in the North American Industrial Classification System (NAICS, 2011).

• The fish and seafood merchant wholesalers industry comprises or establishments primarily engaged in the merchant wholesale distribution of fish and seafood (except canned or packaged frozen).

Economic Impacts

The total economic impact is the sum of direct, indirect and induced impacts.

• Indirect impacts result from changes in economic activity of other industrial sectors which supply goods or services to the sector being evaluated.
• Induced impacts are the result of personal consumption expenditures by industry employees.

Total Sales Impacts of Seafood Wholesaling Sector

Source of raw data: NOAA Fisheries (2013).

http://www.coastal.msstate.edu/gomsgpimpactsSWS.html

Total Sales And Employment Impacts Of The Seafood Processing Sector In The Gulf Of Mexico States

The seafood processing sector primarily corresponds to code 311711 or “seafood canning” and code 311712 or “fresh and frozen seafood processing” in the North American Industrial Classification System (NAICS, 2011).

• The seafood canning industry comprises of establishments primarily engaged in (1) canning seafood (including soup) and marine fats and oils and/or (2) smoking, salting, and drying seafood. Establishments known as “floating factory ships” that are engaged in the gathering and processing of seafood into canned seafood products are included in this industry.
• The fresh and frozen seafood processing industry comprises of establishments primarily engaged in one or more of the following: (1) eviscerating fresh fish by removing heads, fins, scales, bones, and entrails; (2) shucking and packing fresh shellfish; (3) manufacturing frozen seafood; and (4) processing fresh and frozen marine fats and oils.

http://www.coastal.msstate.edu/gomsgpimpactsSPS.html