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BEA’s State and Local Area Statistics

NPF Spotlight on
Statehouse and Local Reporting
December 11, 2019
BEA Regional Statistics
• Comprehensive measures of economic activity
within a defined geographic area

• Consistent with BEA National and Industry


Economic Accounts

• A framework for cross-area and cross-time


comparisons

• Updated regularly to incorporate new source data,


conceptual changes, and methodology
improvements
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BEA Regional Income & Product Accounts
Used to Distribute $499.8 Billion in Federal Funds (FY2018)
[Funded Programs Are Shown in Millions of Dollars]
Title I Grants to Local
Educational Agencies:
Children's Health
$15,459.8
Insurance Program: National School Lunch
$16,927.9 Program
$12,916.7

Other programs:
$1,462.4
All other
funding:
$69,397.2 Career and Technical
Education -- Basic Grants
to States: $1,173.2
Block Grants for Foster Care Title IV-E:
Prevention and Treatment $5,502.0
of Substance Abuse:
$1,760.4 Child Care Mandatory Child Care and
and Matching Funds of Development Block Grant:
Adoption Assistance: Rehabilitation Services
the Child Care and $5,226.0
Medicaid: $2,867.0 Vocational Rehabilitation
Development Fund: Grants to States: $3,184.8
$430,443.4 $2,917.0

Sources: Catalog of Federal Domestic Assistance, 2018 President’s Budget,


Department of Agriculture, Department of Commerce, Department of 3
Education, Department of Health and Human Services, Department of
Homeland Security, Department of Interior
State Revenue and Expenditure Limits

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BEA Regional Statistics
• Gross Domestic Product

• Personal Income and Employment

• Personal Consumption Expenditures

• Regional Price Parities

• Arts and Cultural Production

• Outdoor Recreation

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Regional Gross Domestic Product

• The value added to U.S. production by the


labor and property of each region
• Available as current dollar and inflation-
adjusted measures
• Available in quarterly and annual releases
– State Annual (1963-forward)
– State Quarterly (2005-forward)
– Local Area Annual (2001-forward)

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Regional Gross Domestic Product

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Regional Personal Income and Employment

• Income received by or on behalf of the


residents of a region
• Available in quarterly and annual releases
– State Annual (1929– forward)
– State Quarterly (1948 – forward)
– Local Area Annual (1969 – forward)

• Employment is a count of all jobs, full and part-


time

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Regional Personal Income
Components of Personal Income as a percent of
Total United States Personal Income

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County Personal Income, 2018
102 counties account for 50% of Total Personal Income

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Regional Personal Consumption Expenditures

• The goods and services purchased by or on


behalf of households and the net expenditures
of nonprofit institutions serving households
• 16 expenditure categories (8 goods, 7 services)

• Available for 50 states, D.C., and eight BEA


regions
• Statistics available annually (1997 – forward)

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Regional Personal Consumption Expenditures

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Regional Price Parities

• Measure of price level differences across regions


and expenditure categories for one specified time
period
• Four statistics calculated: All items, Goods,
Services: Rents, Services: Other

• Available for 50 states, D.C., and 384 Metropolitan


Statistical Areas (MSAs)

• Statistics available annually (2008 – forward)


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The Relative Value of $100 in U.S. States

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Arts and Cultural Production Satellite Account

• Measures the impact of arts and culture on


U.S. and state economies.

• Three statistics calculated: Value Added,


Compensation, Employment

• Available for 36 core and supporting industries


in all U.S. states and D.C.

• Statistics available annually (2001 – forward)


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Arts and Cultural Production Satellite Account

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Additional Regional Tools

• Methodology documents

• Glossary of regional definitions

• BEARFACTS

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BEA Mission

To promote a better understanding of the U.S.


economy by providing the most timely, relevant, and
accurate economics account data in an objective
and cost effective manner.

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Contact Information

Nicholas Empey
Chief, Data & Admin Systems Branch
Regional Economics Directorate
Bureau of Economic Analysis

Nicholas.Empey@BEA.gov
Phone: 301-278-9762

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Hands on with BEA Data:
Guide and Case Studies

Thomas Dail
U.S. Bureau of Economic Analysis
December 11, 2019
About BEA

Mission
The Bureau of Economic Analysis (BEA) promotes a better
understanding of the U.S. economy by providing the most
timely, relevant, and accurate economic accounts data in an
objective and cost-effective manner.

Vision
To be the world's most respected producer of economic
accounts.
About BEA
Who we are
The U.S. Bureau of Economic Analysis is your source of
accurate and objective data about the nation’s economy.

What we do
BEA’s economists produce some of the world’s most closely
watched statistics, including U.S. gross domestic product,
better known as GDP. We do state and local numbers, too,
plus foreign trade and investment stats and industry data.

Why we do it
Governments of all levels, businesses big and small, and
Americans everywhere rely on our numbers. BEA’s work
underpins decisions about interest rates and trade policy,
taxes and spending, hiring and investing, and more. All from
a source that’s nonpartisan, nonpolitical and neutral on policy.
What are we made up of?
National - Provides a quantitative view of US domestic production, consumption, and
investment, of exports and imports, and of national and domestic income and saving. It
features the estimates of GDP, which is one of the most closely watched of all economic
statistics.

International – Produces the quarterly balance of payments accounts and the monthly
services estimates, which provide a detailed view of economic transactions between the
United States and other countries. In addition, BEA produces the direct investment
estimates, which are based on annual and quarterly BEA surveys of US direct investment
abroad, foreign direct investment in the United States, income flows associated with
those investments, and other economic activities of multinational enterprises.

Regional - Produces detailed data on economic activity by region, state, metropolitan


area, and county. Estimates of GDP by state—the most comprehensive and BEA’s
preferred measure of economic activity—are released six months after the reference
year. Estimates of personal income by state are released each quarter, as well as
annually. Estimates of personal income by county and metropolitan area are prepared
annually.

Industry – Produces the input-output tables, which show how industries interact to
provide input to, and take output from, each other. Comprehensive, benchmark input-
output tables are prepared every 5 years, and they are updated in less detail by annual
input-output tables. The industry program also produces the annual gross product by
industry data, which measure the contribution of each private industry and government
to the GDP.
BEA Website: Data by Topic, Place

• You can come to our website and look for data by topic or
place. This new way of displaying content went live last
August.

• That’s a major improvement because we aren’t forcing you to


know how BEA is organized in order for you to find the data
you want. Essentially, that was the old way content was made
available on BEA’s former public website.

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BEA Website: Data by Topic, Place

• Visitors can use the Data button at the top of BEA’s website to
explore data by topic or place.

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Offerings by Topic, Place, Old Way

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Offerings by Topic: GDP

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U.S. GDP: Look at the Product Page

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Different Ways to Measure Prices, Inflation

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Different Ways to Measure Prices, Inflation

• Your readers may be keenly interested in these inflation gauges, and


not one of them listed is the focus, or the headliner, of a BEA news
release.

• Personal Consumption Expenditures Price Index (overall and core) is


the Federal Reserve’s preferred inflation measure and is used as the
central bank’s inflation target in setting monetary policy.

• Shining a spotlight on BEA’s popular and frequently sought after


inflation gauges by both listing them individually and grouping them
together make it easier for visitors to see what we have available and
find what they want.

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Regional Price Parities Product Page

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Regional Price Parities Product Page

• Snapshot of the latest release

• The “What is” box offers a deeper (layperson’s) definition than


the one-line blurb featured in the product listings by topic or
place.

• Links to historical data in BEA’s interactive database are


available on the page in the top “drawer.”

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Regional Price Parities Product Page

• Documentation provides information on how the Regional Price


Parities for States and Metro Areas are calculated, what they
measure etc.

• Contact information

• Old estimates (data and news release archives)

• Link to Learn More

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Learn More Pages

• These plain-language Learn More pages help visitors better


understand our statistics – what they measure (or don’t) and
how they can be used in the real world.

• The Learn More pages also are grouped by product, not by


which directorate produced them within BEA’s organization.
National price measures, state and metro price measures, and
health care price measures are all together.

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Offerings by Place

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Offerings by Place

• You’ll notice that the products are the same but they are
organized by geography -- national, local, international.

• You may only want state GDP or state personal income.

• Or you may need state or metro prices (regional price parity


data) along with national price data.

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Wrapping it Up

• Organizing our products by topic and place offers visitors an


easy and quick way to access and get information on some of
our most popular statistics.

• This structure also quickly exposes people to the depth and


breadth of the statistics we produce. Simply by scanning the
groupings, people can figure out, for instance, that BEA
produces much more than our signature, national GDP stats.

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Wrapping it Up

Clicking All Topics shows


every offering and its
description. This way,
customers can see all of
our data on one page. …and so on
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Hands On With Interactive Data
https://apps.bea.gov/itable/index.cfm

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Case 1: Digging Into Regional GDP

• A fast-growing Fortune 500 company has announced three finalists for


competition to host its second headquarters. Your city is one of the
finalists.
• Your editor has assigned you to write a story showing how your city
compares with the other two. One stat to consider is recent economic
growth in the economies of the three metro areas.

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Case 1: Digging Into Regional GDP

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Case 1: Digging Into Regional GDP

Metro GDP
• Open BEA.gov. Under “Tools”, click “Interactive Data” at the top

• Under “Regional Data”, choose “GDP and Personal Income”

• Click “Begin Using the Data”

• Open “Gross Domestic Product (GDP) by Metropolitan Area.”

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Case 1: Digging Into Regional GDP

Metro GDP (Continued)


• Click “Real GDP in Chained Dollars”

• Choose “All industry total.” Click “Next Step.”


• Hold the Control key and choose “Greenville-Anderson-
Mauldin, SC,” “Raleigh, NC” and “Richmond, VA” under “Area.”
• Choose “Percent Change from Preceding Period” under “Unit of
Measure”. Click “Next Step.”
• Choose the time period you want. Click “Next Step.”

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Case 1: Digging Into Regional GDP

Interactive Data Tools


• Link: Get a URL that works

• Modify: Change the span of the table

• Chart: Create and save bar and line charts

• Download: XLS, CSV, and PDF formats

• Print: Preformatted tables

• Share: Post the table on social media

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Case 2: Foreign Investment for Your State

• Your state’s economic development authority mentioned in its


annual report that it attracted more then $15 million in foreign
investment to your state in 2018.
• Your editor wants to know how that compares to other states.

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Case 2: Foreign Investment for Your State

New Foreign Direct Investment


• Open BEA.gov. Under “Tools,” click “Interactive Data” at the top

• Under “International Data,” click “Direct Investment & MNEs”

• Click “Begin Using the Data”


• For “Investment Type,” choose “Foreign direct investment in the
United States”
• For “Data Type,” choose “Data on new foreign investment in the
United States”
• Click “Next Step”

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Case 2: Foreign Investment for Your State

New Foreign Direct Investment


• “Investment Expenditures” should already be selected. If not,
choose it. Click “Next Step.”
• For “Classification,” choose “U.S. State by Type of Investment”

• Choose the most recent year.

• For “Columns” choose “First year expenditures”

• For “Rows” choose “All U.S. Regions”

• Click “Next Step”

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How to find our data?

@
Sign up for BEA’s Email Subscription Service
Do you want to know when…
• Specific news releases are issued?
• The latest issue of the Survey of Current Business
becomes available online?
• BEA release special announcements?

Thanks to BEA’s email subscription service, the most timely,


accurate and relevant economic data are just a click away.

Follow BEA on Twitter


Subscribe to @BEA_News for:
• The latest news and announcements from BEA
• Interesting mini-articles such as “The Making of GDP”
• Videos, visuals, photos and more

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Contact Information
Contact Information:
Thomas Dail
Public Affairs Specialist
thomas.dail@bea.gov

Need help understanding the numbers? BEA’s website


has a glossary, articles and blog posts, and information
about methodologies and source data.
Find your number at bea.gov, or reach out to us by
calling our media line at 301-278-9003.

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Outdoor Recreation
Satellite Account
Dirk van Duym
Research Economist

National Press Foundation


12/11/2019
Today’s Briefing

• Overview of national ORSA results

• Background on regional ORSA

• Regional results and uses

• Questions

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Main Updates to National Statistics

• New “Value Added by Activity” tables

• Incorporation of the
2018 comprehensive update

• Updated source data for


government agencies

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National-Level Results, 2017

• Outdoor recreation nominal value added as a


share of total GDP:
o 2.2 percent in 2017
o Unrevised at 2.2 percent for previous periods 2012–2016

Nominal value added $427.2 billion

Nominal gross output $778.5 billion

Compensation $213.4 billion


Employment 5.2 million jobs

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National-Level Results, 2017
Outdoor Recreation Economy as a Percent of Nominal 2017 GDP,
Compared to Selected NAICS Industries
2.5%
2.2% 2.2%

2.0%
1.8%
1.6%
1.5% 1.4%

1.0%

0.5%

0.0%
Outdoor recreation Mining Utilities Chemical products Broadcasting and
economy manufacturing telecommunications

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National-Level Results, 2017
Growth in Outdoor Recreation Compared to
Growth in the U.S. Economy
6.0%

5.1%
5.0%
4.5%

3.9%
4.0%

3.0% 2.7%
2.6%
2.4%

2.0% 1.7%
1.3%

1.0%

0.0%
Real GDP Real gross output Compensation Employment

U.S. economy Outdoor recreation economy


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ORSA Activity-Based Presentation
Total outdoor recreation
Total Core Outdoor Recreation
Conventional Core Outdoor Recreation Other Core Outdoor Recreation Supporting Outdoor Recreation
Bicycling Amusement parks/water parks Construction
Boating/fishing Festivals/sporting events/concerts Local trips
Canoeing, kayaking, fishing (excludes boating),
sailing, other boating Field sports Travel and tourism
Food and beverages,
Climbing/hiking/tent camping Game areas (includes golfing and lodging, shopping and
tennis) souvenirs, transportation
Equestrian
Guided tours/outfitted travel Government expenditures
Hunting/shooting/trapping Air and land guided tours/ Federal government, state
Hunting/trapping, shooting (includes archery) outfitted travel, water guided and local government
tours/outfitted travel (includes
Motorcycling/ATVing
boating and fishing charters)
Recreational flying Productive activities (includes
RVing gardening)

Snow activities Other outdoor recreation activities


Skiing, snowboarding, other snow activities Multi-use apparel and accessories
Other conventional outdoor recreation activities (Other)
Other conventional air and land activities,
other conventional water activities
Multi-use apparel and accessories (conventional)
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National-Level Results, 2017
Nominal Value Added for Largest Conventional Outdoor
$20.9
Recreation Activities, 2017 ($ Billions)
$20
$16.9

$15

$10 $9.1 $8.8


$7.8
$5.6
$5

$0
Boating/ RVing Motorcycling/ATVing Hunting/Shooting/ Equestrian Snow Activities
Fishing Trapping

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Regional ORSA

• Prototype statistics

• Nominal value added by activity and industry

• Compensation by industry

• Employment by industry

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Geography of Outdoor Recreation

Outdoor recreation is measured by


place of production,
not residence of consumer

– Goods: Geography represents the location where a product is produced


and where it is sold (e.g., location of manufacturing of skiing equipment
and location of sale of skiing equipment).

– Services: Geography represents the location where a service is provided


(e.g., location of skiing facilities).

– Imports: The value of the services of retailers selling the imported goods
is included; the value of imported goods is excluded.
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State-Level Results, 2017

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State-Level Results, 2017

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State-Level Results, 2017

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State-Level Results, 2017

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State-Level Results, 2017
State Outdoor Recreation Value Added
as Percent of State GDP, 2017
6%
Conventional
5% Other
Supporting
4%

3%

2%

1%

0%
VT

LA

TN
TX

VA
HI

WY

OR

WI

RI

WV
OK

OH
WA

PA
CO
ID

IN

IA

CA
KS

IL
MT

UT

KY

MD

CT
ME

MN

MS

MO

MI

DE

MA

DC
AK
FL

NH

SC

NV

SD
AZ

NM

ND
AR

NC

GA

NE
AL

NJ

NY
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State-Level Results, 2017
Value Added as a Percent of State Total Outdoor
Recreation Value Added, by Activity Group
80%
70%
60%
50%
40%
30%
20%
10%
0%
Hawaii District of Columbia Wyoming United States

Conventional outdoor recreation Supporting outdoor recreation


Other outdoor recreation
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State-Level Results, 2017
Activity Value-Added Share of Total State Outdoor Recreation Value Added, 2017
[Percent]
District of United
Activity Hawai’i Wyoming
Columbia States
Supporting outdoor recreation 74.6 72.4 71.5 50.1
Construction 1.5 3.9 1.8 1.8
Local trips and travel 4.8 3.6 9.7 8.4
Trips and travel 63.8 45.3 50.6 34.6
Food and beverages 10.8 30.4 9.6 5.3
Lodging 17.0 6.8 28.1 9.5
Shopping and souvenirs 3.2 3.1 7.9 5.4
Transportation 32.8 5.0 5.0 14.3
Government expenditures 4.5 19.6 9.3 5.3
Federal 1.2 11.9 4.6 0.7
State and local 3.4 7.7 4.8 4.6
State-Level Results, 2017
Value Added as a Percent of State Total
Outdoor Recreation Value Added, by Activity Group
60%

50%

40%

30%

20%

10%

0%
Indiana Wisconsin Connecticut Iowa United States

Conventional outdoor recreation Supporting outdoor recreation


Other outdoor recreation 68

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Activity Results, 2017
Activity Value-Added Share of Total State Outdoor Recreation Value Added, 2017
[Percent]
United
Activity Indiana Wisconsin Connecticut Iowa
States
Conventional outdoor recreation 53.8 44.0 41.0 40.3 30.6
Bicycling 0.4 3.1 0.5 0.4 0.5
Boating/fishing 5.3 6.4 7.8 4.0 4.9
Climbing/hiking/tent camping 0.6 1.3 1.2 0.9 0.8
Equestrian 3.7 2.2 1.3 6.1 1.8
Hunting/shooting/trapping 1.2 1.9 5.3 1.9 2.1
Motorcycling/ATVing 1.7 13.4 2.3 3.8 2.1
Recreational flying 0.2 0.2 0.5 0.3 0.3
RVing 29.8 3.5 2.8 10.9 4.0
Snow activities 0.5 1.0 1.6 0.4 1.3
Other conventional outdoor recreation 2.7 2.7 3.3 2.3 2.4
Multi-use apparel and accessories
(conventional) 7.6 8.3 14.3 9.3 10.5
Activity Results, 2017
State Share of U.S. Boating/Fishing Value Added, 2017

Florida, 12.9%

California, 8.6%

Texas, 7.6%

All other states,


New York, 5.2%
62.1%
Michigan, 3.5%

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Activity Results, 2017
Florida: Activity Value Added as a
Percent of State Total Outdoor Recreation Value Added
Snow activities
Recreational flying
Bicycling
Climbing/hiking/tent camping
Field sports
Multi-use apparel and accessories (other)
Motorcycling/ATVing
Equestrian
Hunting/shooting/trapping
Productive activities (includes gardening)
Construction
Other outdoor recreation activities
Other conventional outdoor recreation activities
Guided tours/outfitted travel
RVing
Festivals/sporting events/concerts
Government expenditures
Game areas (includes golfing and tennis)
Local trips and travel
Boating/fishing
Multi-use apparel and accessories (conventional)
Amusement parks/water parks
Trips and travel

0% 5% 10% 15% 20% 25% 30% 35% 40% 45%


Activity Results, 2017
State Share of Total RVing Value Added, 2017

Indiana, 17.0%

California, 8.8%

All other states,


56.2% Texas, 8.8%

Florida, 5.5%
Ohio, 3.5%

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Activity Results, 2017
Indiana: Activity Value Added as a
Percent of State Total Outdoor Recreation Value Added
Recreational flying
Bicycling
Snow activities
Field sports
Climbing/hiking/tent camping
Multi-use apparel and accessories (other)
Amusement parks/water parks
Construction
Hunting/shooting/trapping
Other outdoor recreation activities
Motorcycling/ATVing
Productive activities (includes gardening)
Other conventional outdoor recreation activities
Game areas (includes golfing and tennis)
Festivals/sporting events/concerts
Government expenditures
Equestrian
Boating/fishing
Guided tours/outfitted travel
Local trips and travel
Multi-use apparel and accessories (conventional)
Trips and travel
RVing

0% 5% 10% 15% 20% 25% 30%


Activity Results, 2017
State Share of U.S. Skiing/Snowboarding Value Added, 2017

Colorado, 30.5%
All other states,
39.2%

Washington, California, 11.4%


4.0%
Pennsylvania, Utah, 10.5%
4.4%
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Activity Results, 2017
Colorado: Activity Value Added as a
Percent of State Total Outdoor Recreation Value Added
Recreational flying
Multi-use apparel and accessories (other)
Bicycling
Field sports
Climbing/hiking/tent camping
Hunting/shooting/trapping
Amusement parks/water parks
Motorcycling/ATVing
Productive activities (includes gardening)
Construction
Equestrian
Other conventional outdoor recreation activities
Other outdoor recreation activities
Guided tours/outfitted travel
Boating/fishing
Festivals/sporting events/concerts
RVing
Game areas (includes golfing and tennis)
Local trips and travel
Government expenditures
Multi-use apparel and accessories (conventional)
Snow activities
Trips and travel

0% 10% 20% 30% 40%


Contact Information

Dirk van Duym


Economist, Regional Directorate
Dirk.vanDuym@bea.gov

OutdoorRecreation@bea.gov
301-278-9003

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