NEWS RELEASES
Editor's Note: This news item was retrieved through RVBusiness' website.
Outdoor recreation (OR) is an important aspect of tourism. Many people happily travel great distances to visit picturesque and unique environs. They enjoy walking, hiking, bike riding, bird watching, bug collecting, climbing, picnicking, playing golf, tennis, and numerous other outdoor activities.
A report from the U.S. Bureau of Economic Analysis Indicates Indiana already has a well-developed OR sector. BEA’s comprehensive view of the economic dimensions of OR found Indiana ranked 14th nationally in the percent of state GDP originating in OR. That’s standing right behind No. 13 Oregon.
However, that report includes, not only the use of RVs as a means to OR, but also the manufacture of those vehicles. A careful reading of the study shows manufacturing is 49% of Indiana’s OR-GDP compared with 12% nationally. We’d expect Indiana accommodations and food services to be more than 15% of OR-GDP when the national percent is 27%.
For more on the study, view the full story here.
Indiana, Industry Updates, News, Outdoors, Parks & Recreation, Tourism