REPRINTED FROM OUTDOOR INDUSTRY ASSOCIATION:
For the first time ever, outdoor recreation’s contributions are being counted as a unique part of United States gross domestic product (GDP). The Bureau of Economic Analysis (BEA) released a preliminary look at United States GDP outputs from outdoor recreation. The analysis shows that growth in the outdoor industry continues to outpace growth of the economy as a whole and accounts for over 2 percent of the entire United States GDP.
The BEA prototype estimate finds that outdoor recreation contributed over $373 billion toward U.S. GDP or over $673 billion toward total U.S. gross output, which is the total value of domestic goods and services produced by an industry. This supports the $887 billion that consumers spend annually on outdoor recreation and confirms the national importance of investments in recreation funding and infrastructure. Importantly, this prototype estimate paints a clear picture that recreation is an important sector of the U.S. economy and that Americans’ desire to recreate outside is growing.
“While this is just the prototype estimate, and there will likely be changes here and there, we are extremely excited that outdoor recreation is now counted as an official U.S. industry and a major contributor to the U.S. economy — this further validates our broad and growing economic impact,” said Amy Roberts, executive director of Outdoor Industry Association. “We look forward to working with the Bureau of Economic Analysis over the next several months to include key criteria that will capture all the various ways outdoor recreation is an economic generator — whether one recreates close to home or travels across the country.”
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