Exciting news! See the press release from the Motorcycle Industry Council Below.
IRVINE, CA – September 26, 2019 – Motorcycling, ATV riding, and side-by-side driving are among the country’s five largest traditional or conventional outdoor recreation activities, when ranked by economic output, according to data released last week by the U.S. Bureau of Economic Analysis.
This was the first time that the BEA provided preliminary data on economic contribution in all 50 states and the District of Columbia, demonstrating how important outdoor recreation is to both local businesses as well as the nation’s gross domestic product.
And, it’s a growth sector.
According to the BEA release, it’s Outdoor Recreation Satellite Account “shows that inflation-adjusted (real) GDP for the outdoor recreation economy grew by 3.9 percent in 2017, faster than the 2.4 percent growth of the overall U.S. economy. Real gross output, compensation, and employment all grew faster in outdoor recreation than for the economy as a whole.”
The bureau defines “conventional” outdoor recreation as activities done for pleasure, such as camping, hiking, hunting, and fishing, and involving some physical effort.