The Home of Adventure

Bear-Sig-01 1

Bear Grylls

boating

NEWS: Boating & Outdoor Industry Boost US Economy

Recent economic data released by the Department of Commerce’s Bureau of Economic Analysis (BEA) shows the significance of the outdoor industry – and boating in particular – to the U.S. economy. This credible data carries extra weight when it comes to advancing policies and laws that benefit recreational boaters.

The numbers:

  • Outdoor recreation accounted for $412 billion of the U.S. gross domestic product, representing 2.2 percent of the overall GDP.
  • This translates to 4.5 million jobs with compensation of $214 billion in the same year.
  • Outdoor recreation contribution to GDP is greater than farming, mining or public utilities, and is comparable to broadcasting/telecommunications.
  • Recreational boating and fishing accounted for $36.93 billion of that total, the single largest category of activities identified in the report.

“As we work for boaters in Washington and state capitals, this data will help policymakers understand that boating is more than just fun on the water,” said BoatUS Manager of Government Affairs David Kennedy. “For boaters, the BEA data will help BoatUS advocate for laws and policies that support access to waterways and help boaters enjoy a variety of water-based recreation activities.”

The BEA report can be found at www.bea.gov

Join the Conversation!

Leave a Comment

Your email address will not be published. Required fields are marked *

More Like This

More Stories

Great News: Ozone Layer is On Track to Heal Within 20 Years

The hole in the ozone layer, which shocked humanity when it was first discovered 40 years ago, is now on track to heal completely—and [...]

How Thick Should Ice Be to Safely Ice Fish?

While some ice anglers have hard-and-fast rules about how many inches thick the ice should be to make it safe to fish – the [...]

Daily Deals, Friday 01/27/2023

Check out our favorite deals of the day! SAMSUNG Galaxy Buds 2 – 37% off Up your workout game with new surround sound headphones.  [...]

New Arkansas Initiative Puts Outdoor Recreation Front and Center

On January 24, 2023, Arkansas Governor Sarah Huckabee Sanders signed an executive order launching the Natural State Initiative, a program designed to ramp up [...]

20 Best National and State Parks in Florida

Despite what a certain mouse might have you believe, Florida isn’t all about theme parks. The Sunshine State is packed from coast to coast [...]

This Weekend: New England Snow and Conditions Report

01/27/2023-01/29/2023 If you’re hitting the slopes this weekend, make sure you know where the pow is best! Vermont Bolton Valley Bromley Mountain Burke Mountain [...]

Scroll to Top