NOAA Data Reveals Weight of Ocean and Great Lakes Economy

By Eric Haun
Monday, June 09, 2014
Credit: NOAA

In 2011, the U.S. ocean and Great Lakes economy produced $282 billion in goods and services and employed 2.2 percent of the nation’s workers—that’s more than twice the percentage of workers in the U.S. agriculture industry. This fact and many others are featured in a 2011 data summary from Economics: National Ocean Watch (ENOW), a product of the National Oceanic and Atmospheric Administration (NOAA) Coastal Services Center.

County-level facts, charts and maps highlighting the 2011 data findings are found on the “Ocean Jobs” and “Wetland Benefits” tabs of the Coastal County Snapshots tool.

“A wide variety of U.S. industries and communities depend on the resources of the oceans and Great Lakes,” said Jeffery Adkins, an economist with the center. “ENOW data can help communities stay vital and resilient by highlighting their economic strengths and vulnerabilities, including those that could be affected by ecosystem changes, extreme weather events or sea level rise.”

ENOW’s annual time-series data highlight six economic sectors and cover roughly 400 coastal counties, 30 coastal states, eight regions, and the nation, using data derived from the federal Bureau of Labor Statistics and Bureau of Economic Analysis.

The success story of the 2011 ocean and Great Lakes economy has hundreds of important chapters, and here are just a few:

  • From 2010 to 2011, the ocean and Great Lakes economy gained 67,000 jobs—an increase in employment of 2.4 percent, which was twice the job-growth rate as in the U.S. economy as a whole.
  • Alabama, Delaware, New Hampshire, and Texas experienced the highest rates of employment growth.
  • The tourism and recreation sector accounted for 70 percent of employees but averaged the lowest wages of the six sectors represented.
  • Approximately 120,000 workers were responsible for all the seafood produced in the U.S.
  • Self-employed workers held half the jobs in the living resources sector.


Data Uses
“This is great data to help remind people that we rely on our environment and that we need to nurture it and take care of it, and grow our industry around our coastal waters,” said Harrison P. Bresee, a product user and economic planner for the Middle Peninsula Planning District Commission in Saluda, Virginia.

“ENOW provided a good basic snapshot for us to use to further the conversation with stakeholders, the public, and resource managers,” said Jennifer Hennessy, an ocean policy lead for the Washington State Department of Ecology who is developing an ocean economy report. “It provides a really solid foundation for us to identify further data gaps and inform future studies.”

ENOW data and tools have been used in many other ways—for instance, to develop baseline economic profiles for 70 East Coast communities and to plan for coastal hazards in Florida.

Additional products include the ENOW Explorer, which allows users to interact with data and trends, and a new video in the series, Econ 120: Two Minutes of Economic Sense.

The ENOW product line is part of the Digital Coast initiative led by the NOAA Coastal Services Center. The center works to protect coastal resources and keep communities safe from coastal hazards by providing data, tools, training, and technical assistance.

noaa.gov
 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Bollinger Fourchon: 13 Years Without a Lost Time Accident

Bollinger Shipyards, Inc. announced that their Bollinger Fourchon, L.L.C. facility has worked 13 years without a lost time accident. Building on a philosophy that starts at the top,

Messer's CEO Norville Announces Retirement

Bill Heller to assume the position as Messer Cuttings Systems’ President and CEO Gary Norville started at Messer Cuttings Systems Inc. in September 1980 selling and installing cutting machines.

Rohr Dredge Continues European Expansion

Rohr International Dredge Holdings, Inc. announced that it acquired Eurl Rohr France, including its current backlog, inventory and all associated intellectual property (IPR), on July 23, 2014.

Finance

Iraq's Kurds Have Right to Sell Oil While Squeezed by Baghdad

Iraq's Kurdish region has the right to keep selling oil as long as the Baghdad government keeps cutting its budget, the head of the Kurdish parliament's energy committee said on Tuesday,

Petroecuador Tenders to Buy 3.84m bbls of Naphtha

State-run oil company Petroecuador has launched tenders to buy a total volume of 3.84 million barrels of naphtha for delivery in the coming month at Esmeraldas,

Company Fined for Oil Spill Near Anacortes

Ecology issues $112,500 penalty for sunken vessel.   American Gold Seafoods faces a $112,500 penalty for an oil spill caused by the accidental sinking of its vessel,

News

Huge Waves Measured for First Time in Arctic Ocean

As the climate warms and sea ice retreats, the North is changing. An ice-covered expanse now has a season of increasingly open water which is predicted to extend

Messer's CEO Norville Announces Retirement

Bill Heller to assume the position as Messer Cuttings Systems’ President and CEO Gary Norville started at Messer Cuttings Systems Inc. in September 1980 selling and installing cutting machines.

Charter Boat Crew Rescued in Gulf of Mexico

U.S. Coast Guard search and rescue crews worked throughout the night to find a missing charter boat with four people aboard as far as 70 miles off Galveston. A

Great Lakes

Lake St. Clair Grounded Bulk Carrier: Update

The U.S. Coast Guard said it continues to monitor the response and salvage operations to the 656-foot HK-flagged bulk carrier Federal Rideau, hard aground in the downbound shipping channel of Lake St.

Coast Guard Responds to Grounded Freighter in Lake St. Clair

The Coast Guard has responded Sunday to a 656-foot freighter that was hard aground in the downbound shipping channel of Lake St. Clair. Initial reports indicate

Bulk Grain Carrier Aground in Lake St. Claire

The Coast Guard informs it is responding to a 36,563 dwt 656-foot freighter that is hard aground in the downbound shipping channel of Lake St. Clair. Coast Guard

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2249 sec (4 req/sec)