Trails and greenways impact our economy through Tourism, Events, Urban redevelopment, Community improvement, Property values, Health care costs, Jobs and investment, and General consumer spending.
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published Sep 20, 2018
Updated statistics from the Outdoor Recreation Satellite Account (ORSA) released by the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) show that the outdoor recreation economy accounted for 2.2 percent ($412 billion) of current-dollar GDP in 2016 (table 2). In data produced for the first time, using inflation-adjusted (real) GDP, the outdoor recreation economy grew 1.7 percent in 2016, faster than the 1.6 percent growth for the overall U.S. economy (table 6). In addition, real gross output, compensation, and employment all grew faster in outdoor recreation than in the overall economy in 2016.
published Feb 1, 2019
Iowa off-highway vehicle owners spent approximately $72.4 million in 2018 on in-state operating expenses and related personal expenses. Total Iowa asset purchase and operating/personal expenditures generated approximately 1,018 jobs in the Iowa economy paying an average of $42,850 annually. Off-highway vehicle owners spent about $28.9 million outside the state of Iowa in 2018. If that had been spent in-state, it would have generated $34.9 million in Iowa industrial output and 374 jobs paying annual incomes of $31,180 per job.
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