At this meeting, the SSC reviewed the Groundfish and Crab Economic SAFE reports as presented by the Alaska Fisheries Science Center’s Economic and Social Science Research Division. The SSC recognizes the high quality of ongoing work to provide clear and consistent data summaries/analyses to address economic conditions.
The Groundfish Economic SAFE report provides a broad overview of the economic performance of the groundfish fisheries in the 2020 data year, with particular attention to changes coinciding with COVID and some new additions to the report. The SSC appreciated the organized and accessible format the Groundfish Economic SAFE uses to depict the current economic status of the fisheries, changes in the economic status of fisheries over time, as well as to provide a detailed economic history of the fisheries. The SSC also appreciated the new and recently added detail in the Groundfish Economic SAFE report and presentation. This includes the report card indices. Finally, the SSC expressed concerns over dropping the Amendment 91 EDR data from the report. Although the data collected have limitations, it is important for process transparency to summarize for the public what has been collected.
The Crab Economic SAFE report also provides important information on the economic status of the crab fisheries. The SSC particularly appreciated the analysis related to potential COVID impacts, the evolving lease market analysis, work related to understanding the structure of quota share holding entities, and the development quota share decomposition. The SSC looks forward to further work on the integration and continuing refinement of community-scale results and work on areas including composition of active versus absentee owners, advancing the work on decomposing quota share ownership by tenure, and concentration indices. The SSC also recommends an analysis on the flow of quota share between entities to provide a better picture of who is capturing the ownership benefits of the crab fishery and how this may be changing over time. Finally, the SSC appreciated the preliminary report card index results and looks forward to their formal integration into the Crab Economic SAFE report.
Both Economic SAFE reports contained a first look at the impacts of COVID. The SSC found both economic SAFE report documents provided useful information related to COVID impacts and recommends developing a COVID effects narrative that is carried forward in the documents.
Finally, the SSC identified the need to continue discussions around the appropriate vehicle for, and publication timing of, summaries of the social conditions-focused aspects of the Economic SAFE reports. The social and community information that has recently been removed from the groundfish and crab economic SAFE report documents will be updated and made available later this year in the Annual Community Engagement and Participation Overview (ACEPO). In the interim, the SSC endorses the analysts’ suggestion to include a few paragraphs in the Executive Summary or some other part of the groundfish and crab economic SAFE report documents.
Staff contact is Jon McCracken.