The Great Lakes Science Center (GLSC) has conducted lake-wide surveys of the fish community in Lake Michigan each fall since 1973 using standard 12-m bottom trawls towed along contour at depths of 9 to 110 m at each of seven index transects. The resulting data on relative abundance, size structure, and condition of individual fishes are used to estimate various population parameters that are in turn used by state and tribal agencies in managing Lake Michigan fish stocks. All seven established index transects of the survey were completed in 2008. The survey provides relative abundance and biomass estimates between the 5-m and 114-m depth contours of the lake (herein, lake-wide) for prey fish populations, as well as burbot, yellow perch, and the introduced dreissenid mussels. Lake-wide biomass of alewives in 2008 was estimated at 8.27 kilotonnes (kt) (1 kt = 1000 metric tons), which was the smallest biomass estimate in the entire time series and 29% lower than the 2007 estimate. Lake-wide biomass of bloater in 2008 was estimated at 3.33 kt, which was the lowest estimate since 1977 and 38% lower than the 2007 estimate. Rainbow smelt lake-wide biomass equaled 0.89 kt, which was only 0.01 kt higher than 2007, which is the lowest estimate in the time series. Deepwater sculpin lake-wide biomass equaled 5.23 kt, which is the fourth straight year of declining biomass. The 2008 estimate is the second smallest in the time series, and 39% lower than the 2007 estimate. Slimy sculpin lake-wide biomass remained relatively high in 2008 (2.75 kt), increasing 25% over 2007. Ninespine stickleback lake-wide biomass equaled only 0.50 kt in 2008, which was 79% lower than the 2007 estimate. The final prey fish, exotic round goby, increased two orders of magnitude between 2007 and 2008, from 0.02 to 4.65 kt. Round gobies now represent 18% of the prey fish biomass. Burbot lake-wide biomass (0.91 kt in 2008) has remained fairly constant since 2002. Numeric density of age-0 yellow perch (i.e., < 100 mm) equaled 0.7 fish per ha, which is indicative of a relatively poor year-class. Lake-wide biomass of dreissenid mussels dropped precipitously in 2008, down to 9.47 kt, and a 96% decline from the 2007 biomass estimate. Overall, the total lake-wide prey fish biomass estimate (sum of alewife, bloater, rainbow smelt, deepwater sculpin, slimy sculpin, round goby, and ninespine stickleback) in 2008 was 25.62 kt, which was the lowest observed since the survey began in 1973.