For the first time in history, the size of the rapidly growing outdoor recreation industry has eclipsed the $1 trillion mark, according to recently released data from the U.S. Bureau of Economic Analysis (BEA). This new data indicates that the $1.1 trillion outdoor recreation industry accounts for over 2 percent of the entire U.S. GDP and provides over 3 percent of the nation’s jobs. The analysis also shines a light on how significantly outdoor recreation is outpacing other sectors of the U.S. economy, more than tripling the economy as a whole in some metrics.
Outdoor recreation economy surpasses $1 trillion mark
by Hatch Magazine - Saturday, Nov 18th, 2023