The American marine economy continues to fuel economic vitality, according to the statistics from the annual Marine Economy Satellite Account (MESA) released in June 2023 by two U.S. Department of Commerce agencies – NOAA and the Bureau of Economic Analysis (BEA). The marine economy contributed a total of $511 billion to the nation’s gross domestic product...Read More

A new report released in Dec. 2022 by the Mid-Atlantic Regional Council on the Ocean (MARCO) calculates the contributions of often-overlooked portions of the ocean economy, concluding that regional marine research and education, state expenditures related to the ocean, and coastal electricity production in the mid-Atlantic area support 38,000 jobs and $25.5 billion in annual...Read More