The outdoor rec economy passed the trillion dollar threshold in 2022 and isn't looking back. Since 2012, the outdoor rec economy has grown 36% in real terms and 71% in nominal terms--huge. What's going on under the hood of this year's data? In real terms: Snow Activities up 23%! continued resurgence of snow. Bicycling up 11% Climbing/Hiking/Tent Camping up 6% Hunting/Shooting/Trapping up 12% On the other hand, Retail trade down 3% RVing down 8% Motorcycling/ATV down 3% These are bedrock parts of the outdoor rec economy that need more support. All signs point to a critical need for federal investments in outdoor recreation, passing the EXPLORE Act, and creating more state offices of outdoor recreation (while supporting the ones that already exist!) to expand the benefits of outdoor recreation in communities large and small.
BREAKING: Outdoor recreation contributed $1.2 trillion (2.3% of GDP) and 5 million jobs (3.1% of all employment) to the U.S. economy in 2023, according to new data from the U.S. Bureau of Economic Analysis.? ? New data in this year’s report also shows that the outdoor recreation economy has grown 36% in real terms since 2012. ? ? “The new BEA data highlights outdoor recreation as a cornerstone of our economy, generating jobs, supporting small businesses, and providing essential opportunities for Americans to engage with the outdoors for health, connection, and quality of life,” said Jessica (Wahl) Turner, President, Outdoor Recreation Roundtable. “This release should signal to policymakers and leaders across the country that investing in outdoor infrastructure and access must remain a national, bipartisan priority. We urge this Congress to take swift action to pass the EXPLORE Act, a widely supported package of bills that will help to ensure that all Americans have access to the outdoors and support the communities and businesses that rely on recreation economies." Read more about this year's release: https://lnkd.in/eD8S3rac