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Economic Impact of Water Dependent Industries

Florida is home to numerous coastal and water-dependent industry sectors, many of which contribute significantly to local and state economies. These industry sectors include commercial fishing, seafood processing, marine recreational angling, maritime / non-maritime port facilities, ecotourism, aquaculture, intra-coastal shipping, dive operations, and many others. These industries contribute to local jobs, tax revenue, incomes, expenditures, and other vital economic activities.

Decision makers often need to know the role that these industry sectors play in local and regional economies. To that end, FRED conducts assessments of the economic impacts that are generated by these various water dependent industries. Such information allows resource managers, development planners, county / state decision makers, and political leaders to better understand the relative economic importance of marine dependent industries and the business activities associated with them.

Publications

Economic Contributions of Marine Industries in Southwest Florida

The Importance of Gulf of Mexico Marine Dependent Industries and Measuring Sea Grant Programming on those Industries

An Economic Profile Of Florida’s Marine Life Industry

Economic Impacts of Artificial Reefs for Six Southwest Florida Counties

Adams, C., L. Sturmer, and A. Hodges. (2014). Tracking the Economic Benefits Generated by the Hard Clam Aquaculture Industry in Florida. EDIS FE961. University of Florida, IFAS Extension. Gainesville, FL. 6 pp. http://edis.ifas.ufl.edu/fe961.

Adams, C., W. Lindberg, J. Stevely. 2012. “The Economic Benefits Associated with Florida’s Artificial Reefs”. Revised EDIS FE649. http://edis.ifas.ufl.edu/fe649