Please select your home edition
Edition
Sea Sure 2020 - SHOCK-WBV - LEADERBOARD

Outdoor recreation economy nears one trillion USD in economic output

by American Sportfishing Association 15 Nov 13:16 UTC
Contributions to the U.S. GDP per industry. Image courtesy of the Outdoor Recreation Roundtable © American Sportfishing Association

On November 9, 2022, the U.S. Bureau of Economic Analysis (BEA) released the Outdoor Recreation Satellite Account report, showcasing the 2021 economic impact data for the outdoor recreation industry.

According to the report, the outdoor recreation industry generated $862 billion in economic output in 2021. This led to the creation of 4.5 million jobs which equals 3 percent of all workers in the United States. The total economic output value is 1.9 percent of the nation's total GDP. Across the 50 states, the outdoor recreation economy contributed between 4.8 percent and 1.3 percent of their individual GDPs. Hawaii saw the largest impact on the state GDPs while New York and Connecticut were the lowest.

The American Sportfishing Association recognizes the important value outdoor recreation has across the United States and we are proud to be part of an industry that plays a critical role in growing our nation's economy. The outdoor recreation industry's contribution to the U.S. economy is greater than the amount contributed by other notable industries such as oil and gas extraction, mining, agriculture, and computers and electronics.

In 2020, due in large part to the Covid pandemic, the outdoor recreation economy contributed just $689 billion in gross domestic output, equaling 1.8 percent of the U.S. GDP. Prior to the pandemic, the outdoor recreation economy typically equaled 2.2 percent of the GDP. We are getting close to closing the gap.

The outdoor recreation industry is also ahead of the country in overall economic growth, as we saw an increase of 18.9 percent from 2020 to 2021 compared to just a 5.9 percent increase in the overall U.S. economy. Our industry also saw a 13.1 percent increase in job growth from 2020 to 2021, equal to 3.1 percent of the country's total job growth.

Among the various segments of outdoor recreation, boating and fishing contributed $50.4 billion in economic output. This makes fishing and boating the largest economic driver among conventional outdoor recreation activities.

The economic impact of our industry is also an indicator of how important it is for Americans to have access to clean waters and abundant fisheries. ASA will continue our work with Congress, federal agencies and at the state level to ensure that outdoor participation continues to grow.

The growth our industry saw in 2021 indicates that outdoor recreation remains a top priority for all Americans in terms of time and dollars spent. Outdoor recreation will continue to have a huge impact on our nation even in the face of overall economic uncertainty. ASA is committed to promoting participation in outdoor recreation and getting more Americans outside and on the water.

Read the full report from the USA

Related Articles

Offshore wind energy development news
First-ever Pacific offshore wind energy lease sale announcement October was a big month for offshore wind energy development announcements. The Bureau of Ocean Energy Management (BOEM) announced their intention to hold the first-ever Pacific offshore wind energy lease sale. Posted on 5 Nov
ASA provides funds for Florida relief
Many still needing assistance On behalf of the American Sportfishing Association, we extend our deepest sympathies to those that were affected by Hurricane Ian. Posted on 14 Oct
September Policy Watch
Youth Coastal Fishing Bill introduced Congress introduced the Youth Coastal Fishing Program Act of 2022. The bill was introduced in the House of Representatives by Reps. Maria Salazar (R-Fla.) and Donald McEachin (D-Va.). Posted on 12 Oct
Speed restrictions to cripple coastal communities
Recreational fishing and boating community cites flaws in Right Whale Vessel Strike Reduction Rule Yesterday, the leading organizations representing recreational fishing and boating in the United States urged the NMFS to pause its proposed North Atlantic Right Whale Vessel Strike Reduction Rule, citing numerous significant flaws with the proposal. Posted on 5 Oct
ASA extends sympathy to affected by Hurricane Ian
ASA is in discussions to determine how the association may best be of service in recovery efforts The American Sportfishing Association's (ASA) members and staff extend our deepest sympathies to all those affected by Hurricane Ian. Posted on 5 Oct
Support the Youth Coastal Fishing Program Act
A great new bill with bipartisan support that will get more kids out fishing ASA's Vice President of Government Affairs, Mike Leonard, has your September video update. Posted on 1 Oct
Keep America Fishing Online Auction starts Monday
Featuring the hottest and most sought after tackle, gear, accessories and apparel The Keep America Fishing online auction - hosted by the American Sportfishing Association - features the hottest and most sought after tackle, gear, accessories and apparel including items from the ICAST 2022 New Product Showcase. Posted on 24 Sep
Youth Coastal Fishing Bill introduced
The bill would establish a grant program to fund fishing programs for children Today, legislation was introduced in Congress to provide opportunities for youth to enjoy the outdoors. Posted on 23 Sep
National Wildlife Refuge Lead Tackle Restrictions
ASA and the entire sportfishing community fully support science-based conservation initiatives On Thursday, September 15, the U.S. Fish & Wildlife Service (USFWS) released a final rule announcing the prohibition of lead fishing tackle on certain National Wildlife Refuges that are being opened to fishing. Posted on 17 Sep
Keep America Fishing online auction sneak peek
Featuring the hottest, and most sought after tackle, gear, accessories The Keep America Fishing online auction - hosted by the American Sportfishing Association - features the hottest, and most sought after tackle, gear, accessories and apparel including items from the ICAST 2022 New Product Showcase. Posted on 16 Sep
Coast Guard Foundation FOOTER 1Sea Sure 2020 - SHOCK-WBV - FOOTER