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Nov 27, 2023 · In 2022, the outdoor recreation economy generated $1.1 trillion dollars in economic output. The value added from this sector was $564 billion, representing 2.2% of the nation’s gross domestic product (GDP). This is more than three times the size of air transportation, two-and-a-half times the size of oil and gas development, and nearly three ...
Thanks to the efforts of park and recreation professionals through the United States, local park and recreation agencies generated more than $201 billion in economic activity and supported more than 1.1 million jobs in 2021. Beyond the nationwide impact, this report shows the economic contribution of parks and recreation at the state level too.
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Local public park and recreation agencies in the United States generated nearly $218 billion in economic activity and supported almost 1.3 million jobs that boosted labor income by more than $68 billion from their operations and capital spending in 2019. Impact of Local Park and Recreation Agencies on the U.S. Economy – 2019
Camping continues to be a family activity by survey respondents who indicated they have children in their household: 82 percent of first time campers and 70 percent of campers who restarted camping this year (2020). 45 Survey conducted 4-9 September 2020 by Cairn Consulting Group, report issued October 1, 2020.
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In macroeconomics, investment "consists of the additions to the nation's capital stock of buildings, equipment, software, and inventories during a year" [1] or, alternatively, investment spending — "spending on productive physical capital such as machinery and construction of buildings, and on changes to inventories — as part of total ...
The US national park system includes 423 sites covering more than 85 million acres of land and some of the most iconic landscapes in the country. The parks host approximately 320 million visitors a year. In this review, I survey the economics literature on national parks, focusing on four main topics: values and economic impacts of the parks, funding challenges, congestion and overcrowding ...
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