Posted February 20, 2018 6:11 pm by Comments

By Ammoland

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ATA Applauds Fed’s Recognition that Outdoor Recreation Boosts Nation’s GDP

NEW ULM, Minnesota – -(Ammoland.com)- A newly released government report shows the outdoor-recreation industry generates an annual gross output of $673 billion, or 2 percent of the United States’ gross domestic product, surpassing the impacts of coal, petroleum, computer, electronic and agricultural products.

The report, released Feb. 14 2018, marks the first time the Department of Commerce’s Bureau of Economic Analysis formally recognized the outdoor-recreation industry’s impact on the nation’s GDP.

The Archery Trade Association – a member of the 19-member Outdoor Recreation Roundtable that worked with lawmakers in 2016 to monitor and include those industries’ GDP contributions – thanked the Commerce Department for confirming what those industries long assumed.

“The ATA is thrilled to see an appropriate and long-overdue focus on outdoor recreation as one of the American economy’s leading contributors,” said Matt Kormann, ATA CEO/president. “The archery industry has a significant positive impact on conservation and recreation issues nationwide.”

In addition to the ATA, the ORR includes trade organizations representing fishing, firearms, boating, bicycling, motorcycling, recreational vehicles, RV dealers, horseback riding, recreational off-road vehicles, RV parks and campgrounds, snowmobiling and snow-sports, and marinas and marine manufacturers. ORR members …Read the Rest

Source:: AmmoLand

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