Other Marine Fishing · the United States
| Measure | Value |
|---|---|
| Net establishment formation, 5yr | +0.46% |
| Standing among all industries | 53th of 287 |
| Reads as | roughly in balance |
| Signal strength, backtested | ρ 0.57 over 4 windows |
Among 287 industries, this one sits at the 53th percentile on net establishment formation over 2019-2023 — it is roughly in balance. That signal carries a measured rank correlation of 0.57 with the following decade's growth across 4 backtested windows, separating top and bottom deciles by 42.6 percentage points. It describes the INDUSTRY, not a business in it, and it was calibrated against establishment growth rather than returns to an operator.
| Measure | Value |
|---|---|
| Operators | 59 |
| People employed | 75 |
| Pay per employee | $39,787 |
| What the work is | not held |
| Median wage, that occupation | not held |
| Licensed in | no matching record |
| Dimension | Weight | Evidence | Predicts? |
|---|---|---|---|
| O1 · Demand density and recurrence | 25 | evidenced | predictive |
| O2 · Payment evidence | 15 | partial | not backtested |
| O3 · Licence gate favourability | 15 | no producer | not backtested |
| O4 · Labour availability | 15 | no producer | not backtested |
| O5 · Incumbent weakness | 10 | no producer | not backtested |
| O6 · Margin structure | 10 | partial | not backtested |
| O7 · Ceiling | 10 | evidenced | DESCRIPTIVE ONLY |
35 of 100 rubric points are evidenced, 25 partially, 40 have no producer. No total score is rendered from that. PREDICTS is a separate question from EVIDENCE: a dimension can rest on a real sourced figure and have no measured relationship with what happens next.
| Measure | Value |
|---|---|
| Acquisition loans approved | 42 |
| Median loan | $244,813 |
| Mean rate | 7.7% |
| Mean term | 120 months |
| Charged off | — |
Only 19 seasoned loans have reached an outcome in this industry — too few to publish a rate. That is a thin lending history, which is itself worth knowing before assuming a lender will fund your deal. SBA 7(a) FOIA data, FY2010–FY2026. Loans to acquire an EXISTING business, separated from start-up lending by the SBA's own business-age field. Charge-off is measured on RESOLVED loans only — a loan approved last year has not had time to fail.
| Revenue band ($000) | Firms | Share | Labour share of revenue |
|---|---|---|---|
| <100 | 30 | 25.4% | 36.5% |
| 100-499 | 61 | 51.7% | 19.4% |
| 500-999 | 11 | 9.3% | 13.0% |
| 1,000-2,499 | 16 | 13.6% | 15.9% |
Payroll is 27.0% of receipts industry-wide across 118 firms. LABOUR SHARE, NOT MARGIN: Census publishes receipts and payroll and never cost of goods, so gross margin cannot be derived and is not claimed here. Enterprise receipts — a firm counted once at its total size, not per location. Census SUSB 2022.
| Gap |
|---|
| licences in any state — no occupation in this industry matched a title in the national register. That may mean unlicensed, or licensed municipally, and the two are different findings. |
| bonding_required_usd — no producer, and not estimated |
Stated rather than filled. An absence of match is not an absence of fact.
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