New data from the US Department of Commerce’s Bureau of Economic Analysis (BEA) indicate that recreational boating and fishing represent the largest component of the country’s outdoor recreation economy.
According to the BEA’s latest Outdoor Recreation Economic Statistics, the wider outdoor recreation sector generated $1.3tn in economic output in 2024. The activity supported 5.2m jobs – around 3.2 per cent of total US employment – and accounted for 2.4 per cent of US gross domestic product. The sector expanded by 2.7 per cent compared with 2023, reflecting continued participation in outdoor activities despite broader economic pressures.
Within the sector, recreational boating remains one of the most significant contributors. BEA data show that boating and fishing activities together generated $38.4bn in economic output in 2024.
“As the nation approaches its 250th anniversary, these numbers are a powerful reminder that time on the water remains deeply woven into the American story,” says Frank Hugelmeyer, president and CEO of the National Marine Manufacturers Association (NMMA). “Recreational boating and fishing are cherished traditions for millions of families and a key driver of manufacturing and small business growth.
“With 95 per cent of boats sold in the United States built here at home and most builders operating as small businesses, the industry reflects the strength of domestic innovation and craftsmanship. Protecting access to public waters and investing in recreation infrastructure will be essential to ensuring future generations can enjoy life on the water while keeping marine manufacturing globally competitive.”
Industry organisations say the data underline the continued role of water-based activities in the broader outdoor economy. Recreational fishing alone attracts tens of millions of participants each year across the US.
“Fishing is one of the oldest gateways to the outdoors,” says Glenn Hughes, president and CEO of American Sportfishing Association. “Every year, over 57.7m anglers traverse our waterways to make memories with friends and family while supporting the $230bn recreational fishing industry. This BEA data confirms that outdoor recreation is deeply intertwined with America’s heritage, and its popularity continues to grow. We must continue working with lawmakers to protect public access, expand recreational opportunities, and safeguard our aquatic ecosystems to further strengthen our outdoor economy.”
Retail and service businesses connected to boating also support activity on the water, from boat sales to maintenance and marina services.
“Recreational boating continues to be a key part of America’s Outdoor Recreation Economy, and the new 2024 BEA data highlights Americans’ desire to be outside, get on the water, and enjoy their favourite pastimes,” says Matt Gruhn, president of the Marine Retailers Association of the Americas. “The success of the recreational boating industry is ultimately fuelled by marine retailers who keep boaters on the water and are key to ensuring that we continue to grow participation in America’s Outdoor Recreation Economy.
“This economic impact underscores the importance of prioritising policies that support marine retailers, fuel continued investments in conservation and ensure domestic marine manufacturers can remain strong to ensure the recreational boating industry stays a uniquely American sector.”
The BEA has tracked the outdoor recreation economy as a dedicated sector for eight consecutive years. The statistics measure the economic activity generated by recreation-related industries across the US, and are used by policymakers and businesses to assess the sector’s contribution to employment and economic output.
The BEA’s new data is available to view online.
The post Boating and fishing are main drivers of $1.3tn US outdoor recreation economy, new data shows appeared first on Marine Industry News.