Outdoor-related revenue, jobs tallied
The Boulder-based outdoor trade association analyzed information on outdoor industry jobs, gear and travel-related expenses for every state in the nation in the new report. In Colorado, the outdoor industry also generates $994 million in state and local tax revenue, according to the Outdoor Recreation Economy report.
Some 125,000 jobs are directly related to the outdoor industry in Colorado, generating $4.2 billion in wages and salaries, according to the report. The report is based on information from the U.S. Bureau of Labor Statistics, surveys and other industry groups.
Boulder County is home to more than 40 outdoor-industry companies. Specific figures for outdoor industry companies in Boulder and Broomfield counties were not immediately available. At least 65 percent of Colorado residents participated in an outdoor industry activity in the past year, according to the report.
Nationally, the outdoor industry generates $64.6 billion in consumer spending annually, and 6.1 million jobs.
The Outdoor Industry Association has about 4,000 members. The group collaborates with The Nielsen Co. (NYSE: NLSN) in San Juan Capistrano, California, which puts on the twice-per-year Outdoor Retailer trade show. That event brings an estimated $40 million in annual economic benefit to Utah, where it is held.
More breaking news...
Door to Door makes loan to organic farmer
Xcel consultant questions city's utility model
Door to Door's has loaned $50,000 to Dave Asbury, owner of Circle Farms in Longmont, who will repay the