NOAA: In 2012, U.S. ocean and Great Lakes economy grew much faster than overall GDP

August 2015 News GLB Admin
By: NOAA (National Oceanic And Atmospheric Association) The U.S. ocean economy outpaced the domestic economy between 2011 and 2012, with an increase of $22 billion in gross domestic product, from $321 billion to $343 billion, according to a new NOAA analysis. Adjusting the figures to remove the effects of inflation, this increase equates to a 10.5 percent rate of growth—more than four times as fast as the U.S. economy as a whole. The report is based on 2012 U.S. national economic statistics released in August 2014. http://www.noaanews.noaa.gov/stories2015/20150824-noaa-2012-us-ocean-great-lakes-economy-grew-faster-than-gdp.html
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