Outside, The Outdoor Industry’s Estimated GDP Contribution Gets a Big Bump, April 25 2017
On Tuesday, the Outdoor Industry Association made a bold announcement: according to research done by the trade association, outdoor recreation now contributes $887 billion in direct consumer spending to the U.S. economy every year—$200 billion more than the industry’s initial estimate. The new report bumps up several other numbers, too, estimating that outdoor rec generates 7.6 million jobs (up from 6.1 million) and $120.2 billion in tax revenue (up from $79.6 billion).
The findings were an update to OIA’s 2012 Outdoor Recreation Economy report, which estimated the industry’s GDP contribution at an oft-quoted $646 billion—a number determined primarily by surveys commissioned by OIA.
Read the full story on Outside.