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- Outdoor recreation exceeds $1 trillion in economic output, outpacing the entire U.S. economy
Outdoor recreation exceeds $1 trillion in economic output, outpacing the entire U.S. economy
This data reflects an industry not just keeping pace but forging ahead
Recent findings show that, for the first time, the outdoor recreation industry surpasses $1 trillion in economic output, outpacing the overall U.S. economy.
This is evident in several key statistics according to the U.S. Department of Commerce:
Growth Rate
Experiencing a 4.8% growth in 2022, the outdoor recreation industry surpasses the overall U.S. economy’s 1.9% increase. This significant gap indicates that the outdoor recreation industry is resilient; not just keeping pace but actually outperforming the overall economy.
Value added to GDP
Demonstrating its economic importance, the outdoor recreation economy contributed a substantial 2.2% ($563.7 billion) of the current-dollar gross domestic product (GDP) for the nation in 2022.
This number is a clear sign of how much outdoor recreation is becoming increasingly vital in the big economic picture.
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Employment
Undergoing a notable surge in employment - the outdoor recreation industry saw a 7.4% increase in 2022 across all 50 states and the District of Columbia.
This growth ranges from 18.5% in Hawaii to 1.1% in Kansas, showcasing a diverse employment landscape. The outpacing of employment growth in this sector compared to the broader economy signifies its potential to generate jobs and contribute to local economies.
Overall this data reflects an industry not just keeping pace but forging ahead.
Wēouthir™ is a community for those living freely through exploration and independence.
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