Overview
Project Lead: Marcus Hartley, Melissa Errend, Leah Cuyno
Northern Economics developed the assessment of the socioeconomic impacts of the grants provided by the Saltonstall-Kennedy Research Program within the Programmatic Environmental Impact Statement (PEIS) on the S-K Program published by NOAA Fisheries in September 2022. The assessment used an input-output model to estimate not only the direct employment and income effects of the spending of the grant funds, but also the indirect and induced effects. Over the ten years included in the program, economic impacts of 36 states and U.S. territories were estimated.