Colorado’s outdoor recreation industry contributed $11.6 billion in 2021, accounting for 2.7% of the state’s overall economy
Bureau of Economic Analysis
Posted inPolitics and Government
Heidi Ganahl says Colorado’s inflation rate is 16% and the highest in the U.S. Both claims require many asterisks.
Ganahl cited a Republican-led analysis to reach that 16% figure. Bureau of Labor Statistics puts inflation at 7.7%. Here’s where the discrepancy comes from.
Posted inBusiness, Economy, News, Outdoors
The government says COVID cost the outdoor recreation industry $156 billion in 2020. But did it really?
The collapse of travel and public gatherings during the pandemic last year cost America’s surging outdoor recreation industry $156 billion. But that’s according to federal accounting. In a more traditional accounting of outdoor recreation that measures the economic contributions from people going camping, hiking, skiing, fishing, boating and hunting, the outdoor economy weathered the pandemic […]
Posted inBusiness, News, Outdoors
Outdoor recreation continues to be a mighty economic force, accounting for $788 billion in 2019
Outdoor recreation is emerging as a critical element in the economic recovery from COVID-19 as the recreation economy delivers a larger share of U.S. economic output for the second consecutive year. The federal government’s latest tally of the outdoor recreation economy showed a $787.6 billion economic impact from businesses supporting 5.2 million jobs. The report […]