Maine Salmon - Economics

Economics

Maine accounts for 18% of the US domestic salmon market. Within the state of Maine, the salmon industry provided close to 1000 jobs in 1996. The vast majority of these jobs are in Washington County. The industry in 1996 accounted for "$30 million of personal income and $44 million of goods and services produced in Maine (gross regional product). In 1998, the Maine salmon industry had an estimated economic value of $60 million. For comparison, the Maine dairy and potato industries each had an estimated economic value of $90 million in 1998." See below, Karlsen.

One company, Atlantic Salmon of Maine LLC, produces about 7,000 tons of farmed salmon.

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