Montpelier, VT (November 14, 2022) — As Vermonters receive the first snowflakes of the season, new national and state data shows that Vermont continues to lead the nation in outdoor recreation as a key linchpin of the State’s economy.
On November 9th, the U.S. Bureau of Economic Analysis (BEA) Outdoor Recreation Satellite Account (ORSA) released data on the economic impact of outdoor recreation in 2021. As the state continues to recover from the pandemic, the report shows that spending in Vermont generated by activities from snow sports to camping, hiking, boating, and biking continues to increase exponentially.
Nationally, outdoor recreation accounted for $862 billion in consumer spending and $1.53 billion in Vermont’s spending. The contribution of Vermont’s outdoor recreation to the state gross domestic product (GDP) jumped from 3.7% in 2020 to 4.1% in 2021, maintaining Vermont’s rank of 3rd highest in the country…
