Maine's Lobster Fishery Broke Records in Recent Years. But There's a Catch.
The value of Maine's lobster fishery and the money lobstermen earn on the docks have hit new highs in the last five years. But the state Department of Marine Resources is highlighting a blind spot in that understanding of the lobstering economy.
Adjusting dollar values and earnings to account for inflation dramatically shifts the outlook for the industry. And it challenges perceptions from the general public that lobstermen are financially thriving.
"They're catching less lobsters, but when (lobstermen) look at their books, they are potentially making more money..."
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