The New York Times on Nostr: For Generations of Alaskans, a Livelihood Is Under Threat ========== Alaska's fishing ...
For Generations of Alaskans, a Livelihood Is Under Threat
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Alaska's fishing industry faces unprecedented economic challenges; local processors slashed salmon prices by half, leading to a $1.8 billion revenue drop; state tax collections fell by $269 million; inflation and competition from Russian seafood exacerbate issues; Alaska Seafood Marketing Institute's Jeremy Woodrow notes simultaneous downturns are unprecedented; Circle Seafoods aims to revitalize Metlakatla's processing plant with $22 million in USDA loans; fishermen like Ross Avila question the viability of fishing as costs rise; Petersburg's fishing history includes Icicle Seafoods' formation in 1965; the industry is urged to seek federal support similar to agriculture.
#Alaska #Fishing #Economy #Seafood #IndustryChallenges #Petersburg #Metlakatla #Usda #FederalSupport #ClimateChange
https://www.nytimes.com/2024/08/31/business/economy/alaska-fishing-economy.html
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Alaska's fishing industry faces unprecedented economic challenges; local processors slashed salmon prices by half, leading to a $1.8 billion revenue drop; state tax collections fell by $269 million; inflation and competition from Russian seafood exacerbate issues; Alaska Seafood Marketing Institute's Jeremy Woodrow notes simultaneous downturns are unprecedented; Circle Seafoods aims to revitalize Metlakatla's processing plant with $22 million in USDA loans; fishermen like Ross Avila question the viability of fishing as costs rise; Petersburg's fishing history includes Icicle Seafoods' formation in 1965; the industry is urged to seek federal support similar to agriculture.
#Alaska #Fishing #Economy #Seafood #IndustryChallenges #Petersburg #Metlakatla #Usda #FederalSupport #ClimateChange
https://www.nytimes.com/2024/08/31/business/economy/alaska-fishing-economy.html