‘Outdoor recreation economy nearing $1 trillion in economic value’
The U.S. Bureau of Economic Analysis released statistics recently measuring the outdoor recreation economy for the nation, all 50 states, and the District of Columbia.
The new U.S. data show that the outdoor recreation economy accounted for 1.9 percent ($454.0 billion) of current-dollar gross domestic product (GDP) for the nation in 2021 (national table 3). At the state level, value added for outdoor recreation as a share of state GDP ranged from 4.8 percent in Hawaii to 1.3 percent in New York and Connecticut. The share was 0.9 percent in the District of Columbia.
“The outdoor recreation economy nearing $1 trillion in economic value is impressive yet unsurprising. With roughly 50 million anglers across the United States, recreational fishing is an important aspect of outdoor recreation, and we are proud to be part of an industry that is both growing in popularity and value,” said Glenn Hughes, President of the American Sportfishing Association. “The BEA data reflects how important it is for Americans to continue to have access to clean waters and abundant fisheries, and we are honored to play an important role in growing our nation’s economy. ASA looks forward to increasing participation rates alongside the rest of the outdoor recreation industry and getting more Americans outside or on the water.”
Click here for the full report.