TAILIEUCHUNG - The Outdoor recreation economy

Throughout the late-1940s and 1950s, the top marginal tax rate was typically above 90%; today it is 35%. Additionally, the top capital gains tax rate was 25% in the 1950s and 1960s, 35% in the 1970s; today it is 15%. The real GDP growth rate averaged and real per capita GDP increased annually by in the 1950s. In the 2000s, the average real GDP growth rate was and real per capita GDP increased annually by less than 1%. This analysis finds no conclusive evidence, however, to substantiate a clear relationship between the 65-year reduction in the top. | gw Economy TAKE IT OUTSIDE FOR AMERICAN JOBS AND A STRONG ECONOMY OUTDOOR INDUSTRY 1 The Benefits Economic Benefits - million American jobs - 646 billion in outdoor recreation spending each year - billion in federal tax revenue - billion in state local tax revenue Introduction 2 The State of the Outdoor Industry EVERYTHING GROWS OUTSIDE INCLUDING JOBS AND THE ECONOMY. Much has changed since 2006 when Outdoor Industry Association commissioned the first economic study on outdoor recreation in the United States. The Great Recession radically altered consumer spending habits unemployment reached its highest level in decades and federal and state deficits resulted in massive spending cuts. Despite the uncertainty more than 140 million Americans make outdoor recreation a priority in their daily lives proving it with their wallets by putting 646 billion of their hard-earned dollars right back into the economy. Even better this spending directly results in highly sought-after jobs for million Americans. At the core of the outdoor recreation economy is the outdoor consumer whose diverse interests fuel a robust and innovative industry. Today s outdoor lovers aren t confined to traditional demographics or activity segments. They seek meaningful outdoor experiences in their backyards and in the backcountry. They are all genders ages shapes sizes ethnicities and income levels. They live throughout America and they view outdoor recreation as an essential part of their daily lives. They fill their garages with bicycles dirt bikes backpacks boats skis tents hunting rifles and fishing gear. This is redefining the outdoor industry an evolution that is evident in the growth of sales and jobs since 2006. In short outdoor recreation is a growing and diverse economic super sector that is a vital cornerstone of successful communities that cannot be ignored. Most importantly outdoor recreation is no longer a nice to have it is now a must have as leaders across the .

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