The outdoor recreation economy passes the trillion-dollar mark | Hatch Magazine

The outdoor recreation economy passes the trillion-dollar mark |  Hatch Magazine

For the first time in history, the size of the fast-growing outdoor recreation industry has surpassed the $1 trillion mark, according to recently released data from the US Bureau of Economic Analysis (BEA). This new data indicates that the $1.1 trillion outdoor recreation industry accounts for more than 2 percent of U.S. GDP and provides more than 3 percent of the nation’s jobs. The analysis also highlights how outdoor recreation outperforms other sectors of the U.S. economy, more than three times as much as the economy as a whole by some measures.

According to the BEA, employment in the outdoor recreation economy increased in all 50 U.S. states, with Hawaii, Alaska, Vermont and Florida leading the pack. Hawaii, Vermont, and Alaska, joined by Montana and Wyoming, are the states where outdoor recreation makes up the largest portion of state GDP.

This report is seen as further evidence that protecting America’s public lands, wilderness, waterways, and healthy habitats is a wise investment.

“The state of the outdoor recreation economy is strong with more than $1 trillion in economic output. Sustained investment in outdoor recreation and protection of our shared public lands and waters pays dividends,” said Jessica Turner, President of the Outdoor Recreation Roundtable (ORR). “Our industry continues to provide benefits to communities across the country – large and small, urban and rural alike. To ensure that this success is sustainable and that our public lands and waters remain accessible to all Americans for generations to come, we will continue to work with leaders to pass the American Outdoor Recreation Act by the end of this year. “We are pleased to see once again that the data reflects what we hear every day, which is that outdoor recreation is not a nice-to-have – but a necessity for healthy people, places and economies.”

RVing represents the largest sector of the outdoor recreation economy, totaling $35.4 billion. The boating and fishing sector comes in a close second with a value of $32.4 billion.

“The BEA report puts the data behind what we’ve always known, which is that in addition to improving Americans’ quality of life, outdoor recreation is a major economic driver. To continue to grow our sector and the millions of jobs it produces, we must… Policymakers support sound public lands and natural resource policies that facilitate access to the great outdoors.” “More than 54 million Americans went fishing last year, creating hundreds of thousands of jobs and raising billions of dollars because we have so much access to fishable waters.” Throughout our great nation.”

In a statement highlighting the data in the report, the RRB also highlighted recent growth in the snow sports industry, noting that snow sports grew 33 percent from 2021 to 2022 — 18 percent for skiing, 17 percent for snowboarding, and 56 percent for other snow activities. Including ice skating.

The full report released by the BEA can be viewed here, along with interactive tables where readers can explore the new data.

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