The Economics of Sport Fishing

 

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Many people do not realize the financial impact of sport fishing on the communities of the world.  This section is designed to inform the public of the value of sport fishing around the world.

The  Fishing Equipment The economics of fishing equipment
The Family Vacation The value of the family vacation
Fishing Resorts Fishing resorts and their impact on the economy
Tourism Businesses Tourism businesses i.e., restaurants, lodging, antique dealers and others
Service Businesses Service business i.e., auto repair, beauty shops and others
Mass Merchandisers The long term effect of the outdoor sports industry by the Mass Merchandisers

 

Sales and Economic Trends

According to the latest numbers from the U.S. Fish and Wildlife Service, anglers spent over $5 billion on equipment, nearly $15 billion on fishing trips, and some $20 billion more on boats, trucks, licenses and other fishing-related products and services. For example, anglers paid a cool $290 million on ice alone! And these impacts are growing. Latest data regarding tackle retail sales and imports have all shown increases.

Recreational fishing is big business, generating more than $116 billion in economic output and more than one million American jobs. If sportfishing were a corporation, it would rank above Target, Sears and Johnson & Johnson on the Fortune 500 list of largest American companies. The economic contributions of recreational fishing have grown steadily over the last several decades.

This section quantifies the dollars spent by anglers and the resulting economic impacts. Details are provided for freshwater fishing, Great Lakes fishing and saltwater fishing, and also per-state. In this section, are indices reporting recent and historical tackle sales and import trends.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Updated 06/08/07