Tuesday, March 5, 2013

Lobster in economy

How much does live lobster cost?

Live lobster typically costs on average $12-$18. It costs more if it is more fresh. The less fresh it is the cheaper it is.

How does lobstering effect the economy?

The lobstering industry has a large impact on the economy. The largest supplier brings in about 2.4-4 billion dollars per year.

How much do lobsterman in Massachusetts make a year?

Lobsterman in Massachusetts makes about 49,254,000. That number is a gross income.

How many lobster traps are in Massachusetts?

In 2002 there were 506,000 traps fished by Massachusetts lobsterman.

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