Ruturaj (Raj) Thakar’s Post

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•This informational video summarizes the economic impacts of the Mississippi saltwater recreational fishing industry from 2014 to 2022. •The economic impact indicators included are income, value-added, output or sales, and employment or job impacts. •The saltwater recreational fishing industry components included in this presentation are charter boats for hire, private boats fishing, and shore fishing. •The fishing-related durable expenditures are not included due to the lack of data starting in 2018. •The losses to the industry associated with the Bonnet Carre Spillway disaster in 2019 and the COVID-19 pandemic starting in 2020 are measured. 

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Trend analysis of data from 2000 to 2023 shows that the number of licenses sold to saltwater recreational fishing mostly declined after major disaster events such as Hurricanes Katrina and Rita in 2005, the Deepwater Horizon oil spill in 2020, and Bonnet Carre Spillway openings in 2011 and 2019. These disasters severely impacted the number of shrimp and oyster recreational fishermen and have not recovered to pre-disaster levels. Further analysis will show the direct losses in licenses sold, averaging about 280 saltwater sport fishermen annually from 2019 to 2023, representing almost three out of ten fishermen. Each recreational fishing license not sold implies lesser fuel purchases, food and drinks, fishing gear, bait, and other fishing-related expenditures.

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