Recent data from the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) has highlighted the significant impact of the outdoor recreation industry on the U.S. economy. In 2023, this sector generated approximately $1.2 trillion in economic output, which accounts for 2.3% of the nation’s Gross Domestic Product (GDP). This remarkable figure underscores the industry’s role as a vital driver of economic growth and job creation across the country.
Economic Contributions and Employment
The outdoor recreation economy supports nearly 5 million jobs, representing 3.1% of total U.S. employment. This growth is not just a statistic; it reflects a thriving sector that has expanded by 36% in real terms since 2012. Notably, the outdoor recreation industry has outpaced traditional sectors such as farming, mining, and utilities in its contributions to the economy.
The BEA’s report indicates that from 2022 to 2023, the outdoor recreation economy experienced a 3.6% increase in real GDP, compared to a 2.9% growth rate for the overall U.S. economy. Additionally, job growth within this sector was recorded at 3.3%, significantly higher than the broader economy’s 1.8% increase during the same period.
Diverse outdoor activities are driving this growth, with notable increases in various segments:
- Snow activities: Up 23%
- Hunting, shooting, and trapping: Up 12%
- Bicycling: Up 11%
- Lodging: Up 9%
- Trips and travel: Up 7%
- Climbing, hiking, and tent camping: Up 6%
These statistics highlight not only the popularity of outdoor activities but also their economic significance.
The Importance of Support and Sustainability
As the outdoor recreation economy continues to flourish, it is essential to recognize that proper support systems—such as education and incentives—can significantly reduce job turnover within this sector. Businesses can foster long-term employment stability by investing in workforce development and creating attractive career paths.
Furthermore, continued federal support is crucial for maintaining public lands and recreational spaces vital to this industry. The passage of legislation like the EXPLORE Act would ensure that these areas remain accessible and well-maintained, thereby supporting both economic growth and community engagement.
In summary, the outdoor recreation industry is a source of enjoyment for millions of Americans and a powerful economic engine driving job creation and growth across various sectors. With ongoing investment and support, this industry is poised to continue its upward trajectory, contributing significantly to the nation’s economy.
Want to equip your RSAs with the knowledge to drive more sales in the booming outdoor recreation industry? Speak with an ENDVR expert to learn how educating retail sales associates can enhance customer engagement, and download the The Outdoor Recreation Boom: Economic Impact and Workforce Report from more information on this topic.
