The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) will release statistics showing the role outdoor recreation plays in the economies of the nation and each state.
BEA said the economic statistics include pursuits such as RVing, bicycling and fishing. The report will be released at 10 a.m. EST on March 5.
The RV industry has a large impact on the outdoor recreation industry.
The agency said annual statistics for 2024 will include measures of outdoor recreation activities’ contributions to gross domestic product (GDP), also known as the activities’ value added, for the nation, states, and the District of Columbia. The statistics also include employment and compensation by industry for the U.S. and states, as well as gross output by industry and activity at the national level.
BEA’s state and national data on outdoor recreation informs decisions by businesses, policymakers and managers of public lands and waters. The Outdoor Recreation Satellite Account stems from a 2016 federal law.
ORR Webinar
The Outdoor Recreation Roundtable (ORR) will host a webinar at 11 a.m. EST that day highlighting the release of the data
ORR said BEA, industry leaders, policymakers and partners will take part in a discussion on what the latest data reveals about the economic impact of the recreation economy, state and regional impacts, key growth segments and more.
Click here to register for the webinar.
