Today at 10am Eastern, the Outdoor Recreation Roundtable (ORR) will discuss updated economic data from the Bureau of Economic Analysis (BEA) on outdoor recreation’s powerful and positive economic impact on the U.S. economy. The report, released during a tele-briefing today, Tuesday, November 10, will include national and state level data for both 2018 and 2019.
This will be the third consecutive year that BEA, an agency of the U.S. Department of Commerce, has released data on the outdoor recreation economy.
Last year’s report showed outdoor recreation makes up 2.2 percent of U.S. GDP, generates $778 billion in gross output and supports 5.2 million jobs. These eye-opening figures are used widely by the industry, policy makers, and the media.
Today’s release will show where this growing sector was prior to the pandemic and where it can be again. ORR leaders will also take time on the call to discuss how the industry has been, and continues to be impacted by, the COVID-19 pandemic, how it is dealing with these unique circumstances, and how it continues to produce jobs and economic growth for the U.S. economy.
Outdoor Recreation Satellite Account Data Release
Date: Tuesday, November 10, 2020
Time: 10 AM Eastern