Recreation, Sport Fishing & the Economy
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Transcript of Recreation, Sport Fishing & the Economy
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Recreation, Sportfishing &the Economy
TRCP Media Summit
October 19, 2011
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Who is
Southwick Associates?
We help people understand the economicissues and trends related to fish and wildlife
Based in Florida, raised on saltwater fishing
we understand the issues!
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Recreation in the U.S.
Which of the following U.S.industries contribute the most
to the economy?
Restaurants
Lawyers/legal
services
Outdoor
recreation
= $498 billion
= $268 billion
= $930 billion
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Outdoor RecreationStimulates
$289 billion in retail saleso If it was a company, recreation would
be ranked #3 on the Fortune 500
Over 6.4 million jobso 3.5 times more employees
than Wal-Mart
$87.9 billion in state & federaltax revenueso Ten times more than Americans spend
at the movies
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Which Industry Providesthe Greatest Economic
Impact?
Motion Pictures and Video
Railroads
Sportfishing Universities, Colleges, Tech schools
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Which Industry Providesthe Greatest Economic
Impact?
Sportfishing
Universities, Colleges, Tech schools
Motion Pictures and Video
Railroads
= $125 billion= $121 billion
= $ 81 billion
= $ 67 billion
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Marine Fishing!
$30 billion in economicactivity, generated by:
$11 billion in retail saleso More than Federal Express or
American Express
263,898 Jobso Equivalent to Ford or GM
Over $4 billion in stateand federal taxeso Greater than the total tax
revenues for 11 states
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What are the Top Three
States for Saltwater Fishing?
California
Florida
New Jersey
New York
Texas
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What are the Top Three
States for Saltwater Fishing?
Florida = 23.1 million days
Texas = 15.1 million days
California = 7.6 million days
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Lets Look at Florida Provides 27% of U.S.
saltwater fishing activity.o 93% of FLs fishing is in
state waters.
Since 2000:oMarine license sales
held steady
o Fish abundance is
increasingo FLs population
increased from 16.0million to 18.8 million
(18%)
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What does SaltwaterFishing Mean to Florida?
$5.7 billion in economic activity:
$3.3 billion in retail saleso Twelve times more that the value of
Floridas citrus cop
54,500 jobso Enough to employ half of
Gainesville, FL
$345 million in state & local taxrevenueso 37% more than the collection from
all Florida toll roads
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Fish=Anglers=Dollars=Jobs