Tuesday, April 23, 2013

Conservation has value. Shhhhh...Wall Street hasn't discovered it yet. We kinda like it that way.


The economic impacts of Outdoor Recreation, Natural Resource Conservation and Historic Preservation activities in the United States annually generate at least $1.7 trillion in economic activity, returning $211 billion to Federal, State and local governments through tax revenue, and supporting 12.8 million jobs.

Economic Impacts:

- $1.7 trillion = total economic impact and conservation investments made in the U.S. economy annually from outdoor recreation, natural resource conservation, and historic preservation in the United States.1,2,3

- Federal spending of $33.3 billion on natural resource conservation, recreation and historic preservation is the seed money that helps generates this $1.7 trillion economy.4

- This sector of the US economy is larger than the US auto and pharmaceutical industries combined.1

- The outdoor recreation economy grew approximately 5 percent annually between 2005 and 2011 during an economic recession when many sectors contracted.1

Return on Federal Investment:

- $211 billion in federal, state and local tax revenue is generated annually from this economy and the annual $33.3 billion Federal investment in natural resource conservation, recreation and historic preservation.

The Most Reliable American Jobs:

- 12.8 million = The American jobs dependent on outdoor recreation, conservation and historic preservation.1,2

- These jobs are almost exclusively non-exportable because they are dependent on America’s public lands, parks, wildlife refuges, forests, natural areas and historic places.

- These jobs are largely rural. In many cases they provide the only employment activity for some rural areas.

Sources of information:

1 “The Outdoor Recreation Economy”, 2012, Outdoor Industries Association, as measured by Southwick Associates.

2 “The Conservation Economy in America: Direct investments and economic contributions,” Southwick Associates, 2013.

3 Southwick Associates, “Combined Value of Outdoor Recreation, Natural Resource Conservation and Historic Preservation, 2013”, April 8, 2013.

4 Office of Management and Budget, FY 2012, outlays by Subfunctions 301, 302, 303, and 306.