November 27, 2022

Why outdoor recreation is an $862 billion industry

The outdoors are big business. The Bureau of Economic Analysis (BEA), part of the U.S….

The outdoors are big business.

The Bureau of Economic Analysis (BEA), part of the U.S. Department of Commerce, recently released outdoor recreation economic data for 2021. It shows outdoor recreation was responsible for $862 billion in economic output and 4.5 million jobs. This is 1.9 percent of our nation’s gross domestic product (GDP).

COVID’s impact on outdoor recreation was huge. It gave enthusiasts more opportunity to spend time outdoors, but it also drove people who rarely ventured out into new sports and pastimes. Record sales were recorded in many outdoor segments. Travel restrictions taught us to look for opportunities to recreate closer to home.

Now we’re back to hitting the road, and lots of people are eager to visit destinations where they can participate in their newfound activities.