Economic Contributions of Private, Recreation-Based Aquaculture in the

Western United States

Problem Statement p Economic Studies on Many Industries Exist

n  Google in Colorado: $880 million/year (2010) n  Airports in Colorado: 32.2 billion/year (2008) n  US Recreational Fishing: $45 Billion (2008) n  USFWS Fish Stocking: $325 Million (2005)

n  Private, Recreation-Based Aquaculture in the Western US?: p No Studies Exist

Objective p Estimate the Economic Contribution of the

Private Recreation-Based Aquaculture Industry in the Western United States.

n  Output and Employment Generated. n  Inform the outcome of discontinuation of Favorable

Policies. n  Different from economic impact analysis.

Region of Analysis

*No For-Profit producers in Alaska

Backward Linkages

ASRF Producer

Sales $$

Labor Expenditures

$

Depreciated Expenditures

$

Non-Depreciated Expenditures

$

Forward Linkages

ASRF Producers

$

ASRF Direct Customers

$$$

Recreational Anglers $$$$$$$$$$$

$

$

$

$

$

$

$

$

$

Methods p Survey 3 populations:

n  ASRF Producers n  ASRF Customers n  Recreational Anglers

p Construct two new industries in IMPLAN n  ASRF Producers n  ASRF Customers

Methods p Predict number of angler days supported by

ASRF private stocking.

p Use angler survey data to determine daily angler spending.

p “Shock” appropriate industries in IMPLAN (including ASRF customers).

ASRF Producer and ASRF Customer Surveys

p ASRF Producers n  Surveys Distributed by mail. n  State Level Permit information publicly available.

p ASRF Customers n  No publicly available permit information. n  Colorado Aquaculture Association, Cline Trout Farms,

Liley Fisheries and E&J Fish Farms Helped Compile List.

Angler Survey On-Site Sampling

California Angler Survey Region

Colorado Angler Survey Region

Response Rates and Administration Dates by Survey

Surveyed Individuals

Excluded Individuals* Respondents Response

Rate

ASRF Producer Survey 418 245 52 30%

ASRF Customer Survey 686 94 260 44%

Colorado Private Fishery Angler Survey 366 11 222 63%

Colorado Public Fishery Angler Survey 873 0 489 56%

California Angler Survey 613 0 359 59%

ASRF Producer Demographic Statistics

Variable Average

Age 55

% Male 90%

Years in ASRF Business 22

Years in Aquaculture in General 23

Size of Household (Persons) 3.3

% Married 88%

% Who Live On-Site 80%

Earnings as a % of Total Income 45%

ASRF Sales Outlets

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Salmonids Warm/Cool Water Fish

Sales Outlets

Other

Recreational Outlets(Private)

Recreational Outlets(Public)

Food Fish

Brokers/Consultants

ASRF Customer Demographic Statistics

Variable Average

Age 58.51

% Male 90%

Years of Experience 12.79

Years of Education 15.80

Household Members 2.84

Contributing Members 1.67

% Married 89%

% With Home On Site 59%

% of Income from Fishery 5%

ASRF Customers ASRF Customer Operation Types

Private Dude Ranches

Private Fishing Clubs

Fee Fishing Ponds

Homeowners' Associations

Private Backyard Ponds

Other

Backward Linkages Only ASRF Industry Multipliers

Direct Effect Multiplier Total

Effect Output $53m 1.85 $99m Employment 1,237 1.37 1,694

ASRF Customer Multipliers Direct

Sales Multiplier Total Effect

Output $272m 1.79 $487m*

Employment 8,658 1.28 11,082*

*Includes ASRF Producer Contributions

Recall: Forward Linkages

ASRF Producers

$

ASRF Direct Customers

$$$

Recreational Anglers $$$$$$$$$$$

$

$

$

$

$

$

$

$

$

Angler Demographic Statistics

Variable Average

% Male 89%

% Employed 71%

% Retired 35%

% Private Fishing Club Member 22%

Age 53

Years of Education 15

Income $81,000

Targeted Species

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Colorado Public Colorado Private California

% of Surveyed Anglers Targeting These Species

TroutBassWalleyeCatfishOther

Angler Expenditures

$0

$10

$20

$30

$40

$50

$60

Gasolin

e

Restaur

ant

Groceri

es

Supplie

s

Public C

amping

Private

Campin

gHotel

s

Horseback

Riding

Guide Fees

Fishing L

icences

Fishery

Entrance

Fees

Car Rental

Airline

Packag

e Deal

sOther

Daily Angler Expenditures by CategoryColorado Public ($138/Day)

Colorado Private ($135/Day)

California ($180/Day)

aDerived from ASRF induced Angler Expenditures bDollars of economic activity per dollar of ASRF producer output. cJobs per million dollars of ASRF producer output.

Output and Employment Contribution of ASRF Industry in the Western United States

Direct Effect Indirect

Effect Induced Effect Total Effect

Total ASRF Sales $53,251,888

Total Outputa $1,046,112,040 $433,387,530 $433,571,367 $1,913,070,968

Total Employmenta 19,205 3,810 3,214 26,229

Output Multipliersb 19.64 8.14 8.14 35.92

Employment Multipliersc 360.64 71.55 60.35 492.54

aDerived from ASRF induced Angler Expenditures bDollars of economic activity per dollar of ASRF producer output. cJobs per million dollars of ASRF producer output.

Output and Employment Contribution of ASRF Industry in the Western United States

Direct Effect Indirect

Effect Induced Effect Total Effect

Total ASRF Sales $53,251,888

Total Outputa $1,046,112,040 $433,387,530 $433,571,367 $1,913,070,968

Total Employmenta 19,205 3,810 3,214 26,229

Output Multipliersb 19.64 8.14 8.14 35.92

Employment Multipliersc 360.64 71.55 60.35 492.54

aDerived from ASRF induced Angler Expenditures bDollars of economic activity per dollar of ASRF producer output. cJobs per million dollars of ASRF producer output.

Output and Employment Contribution of ASRF Industry in the Western United States

Direct Effect Indirect Effect Induced

Effect Total Effect

Total ASRF Sales $53,251,888

Total Outputa $1,046,112,040 $433,387,530 $433,571,367 $1,913,070,968

Total Employmenta 19,205 3,810 3,214 26,229

Output Multipliersb 19.64 8.14 8.14 35.92

Employment Multipliersc 360.64 71.55 60.35 492.54

aDerived from ASRF induced Angler Expenditures bDollars of economic activity per dollar of ASRF producer output. cJobs per million dollars of ASRF producer output.

Output and Employment Contribution of ASRF Industry in the Western United States

Direct Effect Indirect

Effect Induced Effect Total Effect

Total ASRF Sales $53,251,888

Total Outputa $1,046,112,040 $433,387,530 $433,571,367 $1,913,070,968

Total Employmenta 19,205 3,810 3,214 26,229

Output Multipliersb 19.64 8.14 8.14 35.92

Employment Multipliersc 360.64 71.55 60.35 492.54

aDerived from ASRF induced Angler Expenditures bDollars of economic activity per dollar of ASRF producer output. cJobs per million dollars of ASRF producer output.

Output and Employment Contribution of ASRF Industry in the Western United States

Direct Effect Indirect

Effect Induced Effect Total Effect

Total ASRF Sales $53,251,888

Total Outputa $1,046,112,040 $433,387,530 $433,571,367 $1,913,070,968

Total Employmenta 19,205 3,810 3,214 26,229

Output Multipliersb 19.64 8.14 8.14 35.92

Employment Multipliersc 360.64 71.55 60.35 492.54

aDerived from ASRF induced Angler Expenditures bDollars of economic activity per dollar of ASRF producer output. cJobs per million dollars of ASRF producer output.

Output and Employment Contribution of ASRF Industry in the Western United States

Direct Effect Indirect

Effect Induced Effect Total Effect

Total ASRF Sales $53,251,888

Total Outputa $1,046,112,040 $433,387,530 $433,571,367 $1,913,070,968

Total Employmenta 19,205 3,810 3,214 26,229

Output Multipliersb 19.64 8.14 8.14 35.92

Employment Multipliersc 360.64 71.55 60.35 492.54

Which Numbers to Use? p Average Surveyed ASRF Producer Data p Average Surveyed ASRF Customer Data p Average Surveyed Primary-Purpose Angler

Data

n  Potential Problems?

Summary p  173 ASRF Producers in Western US p  $53 Million in direct sales p Stimulate 7 million Angler Days, which

generate: n  $1.04 Billion in Angler Expenditures n  $1.91 Billion in Economic Activity

Summary p Accounting for Forward and Backward

Linkages: n  Every Dollar of ASRF Sales Generates:$36 in

Economic Activity n  Every Million dollars of ASRF Sales generates

500 Jobs

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