Out of doors Recreation Accounts for two.four% of Arkansas GDP | Arkansas Enterprise Information

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According to the US Bureau of Economic Analysis, the outdoor recreation economy accounted for 2.4% of Arkansas’ gross domestic product in 2021.

Nationally, it accounted for 1.9% or $454 billion of current GDP in dollars in 2021.

“At the state level, the value added for outdoor recreation as a percentage of state GDP ranged from 4.8 percent in Hawaii to 1.3 percent in New York and Connecticut,” the BEA reported earlier this month. “In the District of Columbia, the proportion was 0.9 percent.”

The inflation-adjusted GDP of the outdoor leisure economy grew 18.9% in 2021, compared to a 5.9% increase in the US economy. This reflected a rebound in outdoor recreation after the 21.6% drop in 2020, the year the COVID-19 pandemic swept the United States.