The U.S. marine economy contributed about $361 billion of the nation’s gross domestic product in 2020, according to the most current results of the annual Marine Economy Satellite Account by NOAA and the Bureau of Economic Analysis.
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The National Marine Sanctuary Foundation released a study showing that economic activity generated in the Florida Keys National Marine Sanctuary is responsible for contributing $4.4 billion and 43,000 jobs across the state of Florida. Florida Keys National Marine Sanctuary is a major driver of tourism and recreation dollars, offering opportunities for world-class diving and fishing alongside abundant and varied wildlife.
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The Arctic has traditionally been a region where cooperation has been common between nations. Its significance on the world’s geopolitical map is changing, however, as global warming leads to increased ice melt, thus reducing barriers to maritime navigation. Less ice means more shipping traffic and better access to resources, most notably, oil and gas. China, despite not having any
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