Archive for the 'Outdoor Recreation Economy' Category

Swim, Sail or Ski to bea.gov for an Outdoor Rec Preview

BEA’s first look at the outdoor recreation economy is coming Feb. 14, but you can get a sneak peek right now at what the statistics will cover.

We’ve posted the blank data tables on the Outdoor Recreation Satellite Account page of bea.gov. Glance over the tables to see how BEA will present its prototype statistics on activities like camping, hunting and boating, as well as related production by industries, such as retail trade, manufacturing and construction.

Our first experimental numbers and a news release will be posted on bea.gov on Wednesday, Feb. 14, at 8:30 a.m. Eastern time, marking a milestone in BEA’s project to measure the size and growth of the outdoor recreation economy in the United States.

The new data will provide businesspeople, policymakers and the public a detailed look at outdoor recreation’s economic effects – contributions that otherwise would remain obscured within BEA’s broader national statistics, such as gross domestic product (GDP).

The statistics will include gross output by activity – essentially a measure of sales related to biking, sailing, RVing and other outdoor activities.

table stub 2 - gross output by activity

Outdoor recreation’s impact on industries will be measured four ways:

  • Value added – the industry’s contribution to the U.S. economy, or GDP, related to outdoor recreation
  • Gross output – in essence, a measure of outdoor recreation-related sales
  • Employment – the number of jobs related to outdoor recreation
  • Compensation – wages and benefits paid to those employees.

There are lots of ways to define “outdoor recreation.” With input from industry, government and academia, BEA has developed prototype statistics reflecting both a conventional, narrower definition and a broader one.

In the gross output by activity table, you’ll see outdoor recreation activities divided into two categories:

Conventional outdoor recreation – activities that require some level of intentional physical exertion and occur in natural environments, such as snowboarding, canoeing or hiking.

Other outdoor recreation – activities that fall outside the conventional definition but are undertaken for pleasure and occur outdoors, such as playing field sports or visiting water parks.

Together, these two groups form BEA’s “core” outdoor recreational activities. In addition, data will be provided for “supporting” goods and services, which help provide access to outdoor recreation – construction, trips and travel, and government spending.

All of the account’s statistics will be in current dollars, covering the years 2012-2016.

table stub 1 - value added by industry

After releasing these prototype statistics, BEA will gather more feedback to help finalize the definitions, data sources, methodology and presentation it will use when measuring outdoor recreation. Release of final statistics is planned for the fall of 2018. You can add your comments or ask questions by emailing outdoorrecreation@bea.gov.

The outdoor recreation account was established by a 2016 federal law. More information about this project is available on BEA’s website.

Coming Soon: BEA to Release Prototype Statistics on the Economic Impact of Outdoor Recreation

The U.S. Bureau of Economic Analysis on Feb. 14 will release for the first time prototype statistics measuring the economic effects of outdoor recreation – pursuits like boating,  RVing  and snowboarding.

These prototype statistics covering 2012-2016 will be available in a news release and data tables posted on BEA’s website at 8:30 a.m. Eastern time.

These data will flow out of BEA’s Outdoor Recreation Satellite Account, a new project that will aid decision making by business people, policymakers and managers of public lands and waters and add to the public’s understanding of this important part of the U.S. economy.

Specifically, BEA is measuring “gross output” by type of recreation, such as boating, RVing and snowboarding, as well as by industry (for instance, manufacturing and transportation).

BEA is also measuring industries’ contributions to U.S. gross domestic product (called “value added’’) that are associated with outdoor recreation.

Information on employment and compensation for industries associated with outdoor recreation will also be available.

After the public release of these prototype statistics on Feb. 14, BEA will continue to gather feedback to help finalize the definitions, data sources and methodology it will use to measure outdoor recreation. This feedback also will help BEA shape its presentation of these statistics.

The outdoor recreation account was established by a 2016 federal law. More information about this project is available on BEA’s website.


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