Outdoor Industry  November 21, 2023

Report: Outdoor rec generated 2.2% of US GDP in 2022

BOULDER  – Outdoor recreation accounted for $1.1 trillion in gross economic impact in 2022, 2.2% of the nation’s gross domestic product, according to the U.S. Bureau of Economic Analysis.

The industry accounted for 2.8% of Colorado’s GDP, the report said, and outdoor-industry employment increased by 9.2% in the state. The BEA report said the outdoor industry supported 5 million jobs across the United States.

Snow-related activities in the nation accounted for $7 billion in current-dollar value added, and was the largest conventional activity in Colorado at $1.4 billion.

“It comes as no surprise that outdoor recreation and the outdoor economy continue to demonstrate…

Related Posts

Sign up for BizWest Daily Alerts
Closing in 8 seconds...