Outdoor recreation generates $1.2 trillion economic output
November 26th, 2024
This marks the seventh consecutive year the BEA has tracked the sector. Recreational boating plays a vital role in the outdoor recreation industry, driving economic activity, innovation and outdoor enjoyment. The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) has released new data highlighting outdoor recreation’s contribution to the U.S. economy. The industry generated a […]
Report shows boating and fishing powered outdoor rec economy in 2020
November 18th, 2021
The Bureau of Economic Analysis (BEA) released its 2020 report on outdoor recreation’s positive economic impact, which confirmed that boating and fishing remain the number one contributor to this sector of the U.S. economy. The new numbers show outdoor recreation generates $689 billion in economic output, supports 4.3 million American jobs, and comprises 3 percent […]