114111

Analysis

NAICS 114111 is the 2022 national industry for finfish fishing, part of 11411 (Fishing). Census lists 38 example activities under it in the official index.

County Business Patterns counts 1,436 US establishments in this code in 2023, employing 2,739 people at an average annual payroll of $99,463 per employee (84th percentile of national industries). 93% of the establishments have fewer than five employees, which marks it as a small-business industry.

Between 2018 and 2023 the number of establishments grew 17% and employment fell 19%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.

By establishments it ranks 1st of the 3 codes at this level within Fishing, with 57.4% of them.

Its index entries, the activities Census uses to assign businesses to this code, include anchovy fishing, bluefish fishing, cod catching and cod fishing, among 38 in all.

Its goods appear in 359 statistical lines of the US tariff schedule, mostly under headings 0304 (fish fillets and other fish meat (whether or not minced)…), 0302 (fish, fresh or chilled, excluding fish fillets and other…) and 0303 (fish, frozen, excluding fish fillets and other fish meat of…). That link is how import data is matched to domestic producers, for example in trade-remedy cases.