Economics of Outdoor Recreation in Alabama Tom Allen Tom@southwickassociates. com.
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Transcript of Economics of Outdoor Recreation in Alabama Tom Allen Tom@southwickassociates. com.
57% of Americans (and Alabama residents) participate in some form of outdoor recreation
Outdoor recreation is a key “industry” The economic contributions are growing Clean water and healthy environment are
the “industry infrastructure” for outdoor recreation
Outdoor Recreation is BIG!
Outdoor RecreationActivities
Total Spending($ billion)
Trail sports $ 80.6 Bicycling $ 81.3 Camping $ 143.4 Snow sports $ 53.0 Water sports $ 86.2 Fishing $ 35.5 Hunting $ 23.2 Wildlife watching $ 33.3 Motorcycle Riding $ 42.5 Off Roading $ 66.5 TOTAL $ 645.6
Consumer Spending on Outdoor Recreation in U.S.
Source: Outdoor Industry Association
Source: Outdoor Industry Association
“Jobs vs. Environment
”
Conservation Investments:Alabama
Source of Funding $ Million AL % US % Federal govt. $ 373.1 69% 60%
State govt. $ 89.8 17% 24%
Local govt.* $ 9.2 2% 4%
Private sector $ 70.3 13% 11%
Total $ 542.4 100% 100%*Includes only funds transferred from state government for selected conservation purposes.
Economic Contributions ofConservation Spending in
ALDirect
ImpactsTotal
Impacts*($ million)
Total Spending $ 542.4 $ 636.2 Jobs 3,214 5,675 Income $ 251.0 $ 340.7 State/Local Taxes $ 12.9 $ 27.9 Federal Taxes $ 44.6 $ 64.7
*includes multiplier effects
Source: National Fish and Wildlife Foundation
Outdoor Recreationin Alabama
Outdoor RecreationParticipation in Alabama
Non-motorized MotorizedTrail Sports 29% Motorcycling 11%Bicycling 27% Off-roading 18%Camping 23% Boating 21%Water Sports 15% RV'ing 10%sub-total 52% sub-total 36%
Overall = 57%Source: Outdoor Industry Association
Economic Contributions of Outdoor Recreation:
Alabama
DirectSpending
EconomicContributions
($ million) Spending $ 7,548.5 $ 10,895.8 Gross State Product $ 3,089.3 $ 5,928.1 Jobs 85,836.1 135,249.4 Income $ 1,982.9 $ 3,636.9 Federal Taxes $ 480.6 $ 922.6 State/Local Taxes $ 493.6 $ 906.3
Source: Outdoor Industry Association
Outdoor Recreation Case Study:
Lake Martin
Recreational Activityon Lake Martin, AL
Pleasure boating 26.2% No specific activity 20.2% Fishing from boat 20.2% Swimming, beach use 15.1% Water skiing, tubing, other towing 6.8% Fishing from shore 3.5% Tent or vehicle camping 2.8% Jet skiing 1.5% Other 3.7%Total 100.0%
Annual Recreation Spendingat Lake Martin, AL
Trip-related spending Transportation
$ 4,448,013Food & beverages
$ 3,593,558Trip-related gear and services
$ 461,592Lodging
$ 632,323Miscellaneous
$ 623,182Sub-total
$ 9,758,667
Equipment and accessoriesBoats & trailers $ 27,881,720
Boat accessories & repairs
$ 4,331,428
Fishing equipment $ 858,862
Sub-total $ 33,072,010
Total Recreation Spending: $ 42,830,677
Economic Contributions of Outdoor Recreationat Lake Martin, AL
DirectSpending
MultiplierEffect Total
Output $ 42,830,677 $ 10,213,280 $ 50,667,180
Income $ 6,801,174 $ 3,048,858 $ 9,850,032
Employment 212 85 297
Federal Taxes $ 1,975,430
State & Local Taxes $ 2,058,056
85,800 direct Alabama jobs $2.0 Billion of income 2.1% of state private GDPAlmost 3x more jobs than
auto mfg and as much income
Nearly 2x income of paper industry
Outdoor Recreation
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
1.2%
1.4%
Bud
get A
utho
rity
as
% o
f G
DP
Federal Funding for Conservation
New Information!
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is a communicati
on tool!
