Economic recovery of Mississippi commercial fishing from natural and technological disasters

In order to understand the magnitude of the economic impacts of the natural and technological disasters during the past decade to the recreational and commercial fishing sectors, multi-year baseline economic information about each sector in all five Gulf states are currently being compiled from various secondary sources. Illustrative examples on how the time series-data were used in determining the economic recovery paths of the commercial and recreational fishing sectors are shown in Figures 1-3.  Using secondary annual data, economic recovery models were developed incorporating the direct economic impacts of Hurricane Katrina and the Gulf of Mexico oil spill to the Mississippi commercial landing values.

The annual Mississippi commercial landing values published by NOAA Fisheries (2017) adjusted for inflation are shown by the bars labeled as “allmsdef”. The line labeled as “nodisaster” plots the annual predicted commercial landing values without disasters (Figure 1). The vertical distances between the “allmsdef” bars and the “nodisaster” line show the direct negative economic impacts of the natural and technological disasters to the Mississippi commercial fishing sector. The bars show marked reductions in landing values after Hurricane Katrina and the Gulf of Mexico oil spill.

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Figure 1. Deflated annual commercial landing values of all species in Mississippi and predicted landing values without disasters.

The economic recovery path shown by the line marked “nokatrina” plots the annual predicted commercial landing values without Hurricane Katrina (Figure 2). The vertical distances between the “allmsdef” bars and the “nokatrina” line show the annual direct negative economic impacts of the natural disaster to the Mississippi commercial fishing sector in 2005 and 2006. The economic recovery path suggests that it took at least two years for Mississippi annual commercial landings to return to the pre-Katrina trend.


Figure 2. Deflated annual commercial landing values of all species in Mississippi and predicted landing values without Hurricane Katrina.

The economic recovery path of the annual commercial landing values without the Gulf oil spill is indicated by the line labeled “nospill” (Figure 3). The vertical distances between the “allmsdef” bars and the “nospill” line indicate the annual direct negative economic impacts of the technological disaster to the Mississippi commercial fishing sector starting in 2010. The suggested economic recovery path implies that it might take more than two years for Mississippi annual commercial landing values to the pre-oil spill trend.

Figure 3. Deflated annual commercial landing values of all species in Mississippi and predicted landing values without Gulf oil spill.

Related Publications:

Posadas, Ben. Mississippi recreational and commercial fishing sectors: A decade after Hurricane Katrina. Mississippi-Alabama Sea Grant Consortium. News/Blog, Aug. 21, 2015.

Posadas, Benedict C. 2015. Economic Recovery of Recreational and Commercial Fishing Sectors from Natural and Technological DisastersMississippi Alabama Sea Grant Extension Program, Ocean Springs, Mississippi.

Economic Contribution of Striped Mullet Commercial Fishing

The economic contribution of commercial fishing to the Gulf of Mexico regional economy was estimated using IMPLAN (http://implan.com/) software and the 2013 input-output data for the five Gulf States. Sector 17 or commercial fishing of the 2013 IMPLAN input-output data was used in the economic analysis. The total commercial landing values of this saltwater fish species in the Gulf of Mexico Region in 2015 reached $7.3 million. The total economic contribution of commercial fishing in 2015 amounted to $14.3 million (Fig.1). Commercial fishing created 196 jobs and generated labor income amounting to $5.2 million in the Gulf regional economy.

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Fig 1. Total economic impact includes direct, indirect and induced effects estimated by using 2015 annual landing values and 2013 IMPLAN data. Local purchases percentage was set to 100%.

Economic Contribution of Red Snapper Commercial Fishing

The economic contribution of red snapper commercial fishing to the Gulf regional economy was estimated using IMPLAN (http://implan.com/) software and the 2013 input-output data for the Gulf States namely, Florida, Alabama, Mississippi, Louisiana and Texas. Sector 17 of the 2013 IMPLAN input-output data, the commercial fishing sector, was used to represent commercial red snapper fishing. The base IMPLAN model estimated the economic contribution of commercial red snapper fishing with the assumption that the local purchases coefficient was 100%. The total economic contribution in the Gulf of Mexico Region of commercial red snapper fishing in 2015 reached $53.7 million (Table 1). Commercial red snapper fishing created 734 jobs and generated labor income amounting to $19.4 million in the five Gulf States.

Red-snapper-Gulf-economic-contribution
Total economic impact includes direct, indirect and induced effects estimated by using 2015 annual landing values and 2013 IMPLAN data. Local purchases percentage was set to 100%.

Economic Contribution of Red Drum Commercial Fishing

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The economic contribution of red drum commercial fishing to the Mississippi economy was estimated using IMPLAN (http://implan.com/) software and the 2013 input-output data for Mississippi. Sector 17 of the 2013 IMPLAN input-output data, the commercial fishing sector, was used to represent commercial red drum fishing. The base IMPLAN model estimated the economic contribution of commercial red drum fishing with the assumption that the local purchases coefficient was 100%.

The total landing values of red drum in the Gulf of Mexico Region in 2015 reached $155,493, which were all harvested from Mississippi state waters. The total economic contribution of commercial red drum fishing in 2015 reached $237.2 thousand. Commercial red snapper fishing created 3.8 jobs and generated labor income amounting to $95.8 thousand in Mississippi.

Read more at http://extension.msstate.edu/newsletters/mississippi-marketmaker/2017/vol-7-issue-3-commercial-red-drum-fishing-the-gulf-mexico

Economic Contribution of Spotted Seatrout Commercial Fishing

econ-cont-seatrout

The economic contribution of spotted seatrout commercial fishing to the Gulf of Mexico regional economy was estimated using IMPLAN (http://implan.com/) software and the 2013 input-output data for the five Gulf States. Sector 17 or commercial fishing of the 2013 IMPLAN input-output data was used to represent commercial spotted seatrout fishing.

The total commercial landing values of spotted seatrout in the Gulf of Mexico Region in 2015 reached $109,669. The total economic contribution of commercial spotted seatrout fishing in 2015 amounted to $216 thousand. Commercial spotted seatrout fishing created 2.7 jobs and generated labor income amounting to $84.1 thousand in the Gulf regional economy.

Read more at http://extension.msstate.edu/newsletters/mississippi-marketmaker/2017/vol-7-issue-4-commercial-spotted-seatrout.

Economic Contributions of Mississippi Green Industry

What is the Green Industry? 

The environmental horticulture industry, or green industry, is comprised of wholesale nursery, greenhouse, and turfgrass sod producers, landscape design, construction and maintenance firms, and wholesale and retail distribution firms such as garden centers, home stores, mass merchandisers with lawn/garden departments, brokers and re-wholesale distribution centers, and allied trades suppliers of inputs to the industry.

Components of Green Industry 

The green industry production and manufacturing industry group includes “greenhouse, nursery, and floriculture production”, and “lawn and garden equipment manufacturing”. The horticultural services industry group includes “landscape and horticultural services”, and “landscape architectural services”. The wholesale trade industry group includes “farm and garden equipment merchant wholesalers”, and “nursery and florist merchant wholesalers”. The retail trade industry includes “lawn and garden equipment and supplies stores”, “florists”, “food and beverage stores, lawn and garden sales”, “gasoline stores, lawn and garden sales”, “general merchandise stores, lawn and garden sales”, and “non-store retailers, lawn and garden sales”. 

Economic Contributions of the Green Industry 

Results of the study conducted by the Green Industry Research Consortium showed that in 2013 the entire green industry contributed $1.625 billion to the economy of the state of Mississippi. The total employment impacts of the entire green industry complex totaled 15,821 jobs. The value added, income and tax contributions of the industry are shown below.

Economic-Impacts-2013-Mississippi

Output-Impacts-2013-Mississippi

Employment-Impacts-2013-Mississippi

Vegetable, Fruit, Nut, and Flower Businesses Registered in MarketMaker 

More than 25,000 food businesses registered or listed in MarketMaker produce, process, sell or serve vegetable products. When the search was limited to Mississippi only, there are 295 establishments. Click this LINK to view the search results online. You can sort the results alphabetically, by relevance, or by distance to your current location.

Over 24,000 food businesses registered or listed in MarketMaker produce, process, sell or serve fruit products. When the search was limited to Mississippi only, there are 256 establishments. Click this LINK to view the search results online. You can sort the results alphabetically, by relevance, or by distance to your current location.

More than 15,000 food businesses registered or listed in MarketMaker produce, process, sell or serve nut products. When the search was limited to Mississippi only, there are 191 establishments. Click this LINK to view the search results online. You can sort the results alphabetically, by relevance, or by distance to your current location.

In excess of 1,400 food businesses registered or listed in MarketMaker produce, process, or sell flowers. When the search was limited to Mississippi only, there are 41 establishments. Click this LINK to view the search results online. You can sort the results alphabetically, by relevance, or by distance to your current location.

MAFES BULLETIN 1222: Socioeconomic Characteristics of Mississippi Lifetime Sportsmen Licensed in 1989–2013

b1222-coverFrom 1989 to 2010, there were 14,706 holders of the Mississippi lifetime sportsman license listed in the official database provided by the Mississippi Department of Fisheries, Wildlife, and Parks (MDSWP). An additional 2,154 licenses were sold by MDFWP between January 2011 and July 2013. The total number of licenses issued as of July 2013 reached 16,778 after adjusting for double counting of sportsmen included in both databases. Online and mailed surveys were conducted in 2012 and 2014 to verify the contact information and determine the recreational saltwater-fishing preferences of Mississippi lifetime sportsmen who bought their licenses from 1989 to 2010 and from January 2011 to July 2013. The information on fishing preferences is limited to whether they went saltwater fishing and where they went fishing in Mississippi waters.

Download MAFES Bulletin 1222 from  http://mafes.msstate.edu/publications/bulletins/b1222.pdf.

 

 

Mississippi, Gulf of Mexico and United States seafood restaurant industry, 2006-2014

The eating and drinking places sector includes “full-service restaurants” and limited-service restaurants” in the North American Industrial Classification System (NAICS, 2011).

  • NAICS code 722110 or “full-service restaurants” industry comprises of establishments primarily engaged in providing food services to patrons who order and are served while seated (i.e., waiter/waitress services) and pay after eating.
  • NAICS code 722211 or “limited-service restaurants” industry comprises of establishments primarily engaged in providing food services (except snack and nonalcoholic beverage bars) where patrons generally order or select items and pay before eating.

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Source of raw data: NOAA Fisheries.

Mississippi, Gulf of Mexico and United States fish and seafood markets, 2006-2014

The North American Industrial Classification System (NAICS, 2011) code 445220 or “fish and seafood markets” comprises establishments primarily engaged in retailing fresh, frozen, or cured fish and seafood products.

Output or sales is the gross sales by businesses within the economic region affected by an activity. The total economic impact is the sum of direct, indirect and induced impacts. The total sales impacts of fish and seafood markets in the Gulf of Mexico states and the entire USA are shown below:

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Source of raw data: NOAA Fisheries.

Mississippi, Gulf of Mexico and United States seafood wholesaling industry, 2006-2014

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).

Output or sales is the gross sales by businesses within the economic region affected by an activity. The total economic impact is the sum of direct, indirect and induced impacts. The total sales impacts of seafood wholesaling in the Gulf of Mexico states and the entire USA are shown below:

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Source of raw data: NOAA Fisheries.

Mississippi, Gulf of Mexico and United States seafood processing industry, 2006-2014

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.

Output or sales is the gross sales by businesses within the economic region affected by an activity. The total economic impact is the sum of direct, indirect and induced impacts. The total sales impacts of seafood processing in the Gulf of Mexico states and the entire USA are shown below:

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Sales Impacts of Commercial Fishing in Mississippi, Gulf of Mexico and United States, 2006-2014

Commercial Fishing corresponds to economic sectors 114111 (Finfish Fishing) and 114112 (Shellfish Fishing) in the North American Industrial Classification System (NAICS). Finfish Fishing comprises establishments primarily engaged in the commercial catching or taking of finfish (e.g., bluefish, salmon, trout, tuna) from their natural habitat. Shellfish Fishing comprises establishments primarily engaged in the commercial catching or taking of shellfish (e.g., clams, crabs, lobsters, mussels, oysters, sea urchins, shrimp) from their natural habitat.

Output or sales is the gross sales by businesses within the economic region affected by an activity. The total economic impact is the sum of direct, indirect and induced impacts. The total sales impacts of commercial fishing in the Gulf of Mexico states and the entire USA are shown below:

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Source of raw data: NOAA Fisheries.

 

Mississippi seafood processing jobs were fewer in 2014

JobsImpactsSPSMS

The seafood processing sector primarily corresponds to “seafood canning” and “fresh and frozen seafood processing” in the North American Industrial Classification System.

For the other Gulf states and the entire USA, read more at  http://gomos.msstate.edu/msannualseafoodprocessing.html

Mississippi seafood processing sales impacts fell in 2014

SalesImpactSPSMS

The seafood processing sector primarily corresponds to “seafood canning” and “fresh and frozen seafood processing” in the North American Industrial Classification System.

For the other Gulf states and the entire USA, read more at  http://gomos.msstate.edu/msannualseafoodprocessingsales.html.

 

Mississippi seafood industry jobs fell in 2014

JobsImpactsSeafoodMSSource: NOAA Fisheries.

The seafood industry consists of the following:

  1. The commercial harvesting sector corresponds to “finfish fishing” and “shellfish fishing” in the North American Industrial Classification System.
  2. The seafood processing sector primarily corresponds to “seafood canning” and “fresh and frozen seafood processing” in the North American Industrial Classification System.
  3. The seafood importing sector was added to the seafood industry starting in 2009. Estimates made in 2006 to 2008 do not include this sector.
  4. The seafood wholesaling sector corresponds to “fish and seafood merchant wholesalers” in the North American Industrial Classification System.
  5. The seafood retailing sector corresponds to “fish and seafood markets” in the North American Industrial Classification System.
  6. The eating and drinking places sector includes “full-service restaurants” and limited-service restaurants”in the North American Industrial Classification System.

Employment or jobs impacts are expressed in terms of a mix of both fulltime and part-time jobs. Total economic impact is the sum of direct, indirect and induced impacts.

The total number of jobs created by the Mississippi seafood industry fell from 8,500 in 2012 to 4,700 in 2014.

For the rest of the Gulf and the US, read more at http://gomos.msstate.edu/jobsimpacts.html.

Mississippi seafood industry shrunk in 2014

SalesImpactsSeafoodMSSource: NOAA Fisheries.

The seafood industry consists of the following:

  1. The commercial harvesting sector corresponds to “finfish fishing” and “shellfish fishing” in the North American Industrial Classification System.
  2. The seafood processing sector primarily corresponds to “seafood canning” and “fresh and frozen seafood processing” in the North American Industrial Classification System.
  3. The seafood importing sector was added to the seafood industry starting in 2009. Estimates made in 2006 to 2008 do not include this sector.
  4. The seafood wholesaling sector corresponds to “fish and seafood merchant wholesalers” in the North American Industrial Classification System.
  5. The seafood retailing sector corresponds to “fish and seafood markets” in the North American Industrial Classification System.
  6. The eating and drinking places sector includes “full-service restaurants” and limited-service restaurants”in the North American Industrial Classification System.

Output or sales is the gross sales by businesses within the economic region affected by an activity. Total economic impact is the sum of direct, indirect and induced impacts. The total sales impacts of the entire seafood industry in the Gulf of Mexico states and the entire USA are shown at http://gomos.msstate.edu/seafoodsales.html.

In Mississippi, the total economic contribution of the entire seafood industry fell from $377 million in 2012 to $199 million in 2014. The economic contribution of the state seafood industry fell from 0.27 percent of the entire U.S. seafood industry in 2012 to 0.13 percent in 2014.

 

MAFES bulletin on Estimation of the Baseline for the Assessment of the Economic Impacts of the Gulf of Mexico Oil Spill to the Mississippi Commercial Fishing Sector

MAFES b1204 FRONT COVER

Our MAFES bulletin, “Estimation of the Baseline for the Assessment of the Economic Impacts of the Gulf of Mexico Oil Spill to the Mississippi Commercial Fishing Sector,” is now available on the MAFES website at http://www.mafes.msstate.edu/publications/bulletins/b1204.pdf.

MAFES bulletin on License and Size Profiles of Mississippi Seafood, and Commercial and Recreational Fishing Sectors

MAFES b1206 FRONT COVER

Our MAFES bulletin, “License and Size Profiles of Mississippi Seafood, and Commercial and Recreational Fishing Sectors,” is now available on the MAFES website at  http://www.mafes.msstate.edu/publications/bulletins/b1206.pdf.