Posted on September 10 2018
From Southwick Associates:
With countless places to roam and enjoy the great outdoors, Americans are taking advantage of these opportunities, and as they go, spending significant dollars, too. New economic reports by Southwick Associates reveal that more than 53 million Americans consider themselves sportsmen, spending over $93.5 billion in 2016 on gear, licenses, travel, clothing, gas and more.
A series of reports released yesterday by the American Sportfishing Association, National Shooting Sports Foundation and the Congressional Sportsmen’s Foundation show that expenditures made in 2016 for hunting, target shooting and sportfishing gear and services supported 1.6 million jobs and provided $72 billion in salaries and wages. These monies also generated nearly $20 billion in local, state and federal taxes. Much of this tax revenue benefits vital conservation and educational programs that improve our outdoor areas for all who enjoy them and make hunting and shooting safer activities.
“If hunting, fishing and target shooting were a corporation, it would rank #25 on the Fortune 500, ahead of Microsoft,” says Rob Southwick, president of Southwick Associates. “While time spent outside may come across as something to do after the real work day is done, in reality hunting, fishing and target shooting is a critical industry, generating jobs and income for thousands of communities across the country.”
Key highlights of the reports include:
• Each year, 35.8 million people 16 years and older take to America’s waters to fish.
• More than 28 million people over 16 years old took to our nation’s forests and gun ranges to hunt and target shoot in 2016.
• The number of people who participate in sportfishing, hunting and target shooting represents 16.5 percent of the total U.S. population.
• When factoring in multiplier effects, spending by sportsmen created economic activity in excess of $220 billion.
• Hunting, fishing and shooting adds $119 billion of overall value to our nation’s gross domestic product and generates $17.6 billion in federal taxes and $12.2 billion in state and local taxes.
Four separate reports are available: sportfishing from the American Sportfishing Association, hunting and target shooting from the National Shooting Sports Foundation (please register as a guest when asked), plus a report for all activities combined from the Congressional Sportsmen’s Foundation.
Southwick Associates is a market research and economics firm specializing in the hunting, shooting, sportfishing, and outdoor recreation markets. Celebrating 28 years in business, Southwick Associates has a strong reputation for delivering comprehensive insights and statistics to strategic decision making across the entire outdoor industry. Aside from custom market and economic information, Southwick Associates provides custom and syndicated research including customer-driven new product development, outdoor media consumption insights, and equipment purchase tracking studies. Visit www.southwickassociates.com for more information.