Feds To Enhance Measure Valuing Outdoor Recreation

The U.S. Department of Commerce on Sept. 30 is expected to release a second, but better version of its first-ever forecasting tool to measure the “ripple effect” of the outdoor recreation industry of Arkansas and other nature-focused state.

The Commerce Department’s Bureau of Economic Analysis (BEA) released the first edition of its new measurement of the economic power of outdoor recreation without much fanfare in February, but announced plans last week to re-issue an enhanced set of statistics after consultation with economic data crunchers and other stakeholders. That initial report suggested the outdoor recreation economy was 2% of U.S. Gross Domestic Product (GDP), or $374 billion, in 2016.   MORE

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