Government report highlights national economic benefits of outdoor rec

November 19th, 2020

The Bureau of Economic Analysis (BEA) released updated economic data on outdoor recreation’s powerful and positive economic impact on the U.S. economy showing $788 billion in economic output, comprising 2.1% of U.S. GDP and supporting 5.2 million jobs, as reported by the National Marine Manufacturer’s Association. The report includes national and state level data for […]

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Marine economy in 2018 grew faster than US overall

June 10th, 2020

America’s marine economy, including goods and services, contributed about $373 billion to the nation’s gross domestic product in 2018 and grew faster than the nation’s economy as a whole, according to the marine economy statistics released last week by two Department of Commerce agencies. “These statistics are the first-of-its-kind estimate of the U.S. marine economy, […]

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