Outside recreation in Colorado accounted for $11.6B final 12 months

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Andrew Mcleod gets a little help strapping on his skis during the afternoon session of the 11th Annual Anthem Winter Sports Fest hosted by the United States Association of Blind Athletes in Breckenridge on Friday February 28, 2020.
Liz Copan/Summit Daily News Archive

According to recently released federal data, Colorado’s outdoor recreation economy was worth $11.6 billion last year.

Statewide, outdoor recreation accounted for $454.0 billion, or 1.9% of the country’s gross domestic product, according to the US Bureau of Economic Analysis.

“Inflation-adjusted (“real”) GDP for the outdoor recreation economy grew 18.9% in 2021, compared to a 5.9% growth for the overall US economy, showing a rebound in outdoor recreation after the decline of 21.6% in 2020.” Agency said.

The Boulder-based Outdoor Industry Association said in a press release that the bureau’s data was encouraging.

“These encouraging numbers show an industry that creates millions of jobs across the country and contributes billions to the broader economy each year — $173 billion more than the year before,” said Kent Ebersole, interim executive director of OIA. “This demonstration of economic strength is coupled with data released by OIA this fall showing the highest number of new and returning participants in outdoor recreation on record.”

Read more at TheCenterSquare.com.