Shrimp imports are overwhelming domestic shrimp producers and driving prices for locally sourced shrimp to record lows, prompting demands that the federal government declare a fishery resource disaster.
coastal economy
UNCW ramps up program to nurture coast’s blue economy
The University of North Carolina Wilmington’s Center for Innovation and Entrepreneurship offers a mentor program with140 volunteers who can share their experiences in coastal business startups.
NC’s coastal national parks boost economy by $1B in 2022
The five national parks on North Carolina’s coast saw a total direct visitor spending in 2022 of nearly $724, yielding an economic output of around $964 million.
Ongoing study may show overlooked algal bloom causes
A year into a 30-month public science study, preliminary data appears to show that higher than expected nutrient loads in minor tributaries may contribute to increasingly regular and persistent blue-green algal blooms in northeastern North Carolina rivers.
NC visitor spending increased 45% last year
Visitor spending totaled $79 million a day statewide in 2021.
Officials tout economic boom from offshore wind industry
Offshore wind manufacturing could bring an estimated $140 billion and tens of thousands of new jobs to North Carolina by 2035, if steps are taken now, say those who spoke during the first meeting last week of a state Commerce Department task force.
Threats to seagrass could cost state’s economy millions
A new report from Duke University and NC State estimates economic losses associated with the decline of submerged aquatic vegetation in the Albemarle-Pamlico estuary could total $8.6 million in 10 years.
