Bureau of Economic Analysis gives insight of marine industry's contribution to national economy
from Trade Only Today
The Bureau of Economic Analysis presented new data about outdoor recreation’s contribution to the U.S. economy at the Miami International Boat Show. The outdoor recreation economy grew 3.8 percent in 2016, compared with the overall U.S. economy’s 2.8 percent growth that year, according to new data from the Bureau of Economic Analysis. Boating and fishing had one of the largest growth rates of outdoor recreation in 2016, just under bicycling, generating $38.2 billion.
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