We used a 112-year time series of Alaskan fishery catches to test competing hypotheses concerning trends in mean catch trophic level, a widely used indicator of fisheries sustainability. We found that mean trophic level has generally remained steady or increased in recent decades on Alaska-wide and regional scales, indicating stable catches of high trophic level taxa. During historical periods of declining mean trophic level, catches of upper trophic level taxa either increased or remained steady, contrary to the predictions of the "fishing down the food web" hypothesis. Further, a climate index was highly correlated (r = 0.069-097) with mean trophic level and (or) the related fisheries in balance (FIB) index across climate regime shifts in the 1940s and 1970s, indicating that climate effects, particularly on high trophic level taxa, can act as the major driver of variability in these parameters. These results provide a contrast to the view of ubiquitous declines in mean trophic level of fishery catches, driven by overexploitation and serial stock replacement.