1、STATE OF THE OUTDOOR MARKETABSTRACTReport on the state of outdoor market including participation,consumer trends,and economic and social forces impacting outdoor in fall 2022.KELLY DAVISDirector of ResearchOutdoor Industry AssociationFALL 2022THE OUTDOOR ECONOMYAccording to the U.S.Bureau of Econom-

2、ic Analysis(BEA),the outdoor recreation economy produced a record$682 billion in economic output,4.5 million jobs,and 1.9%of the total U.S.GDP in 2021.RECORD PARTICIPATIONOutdoor recreation hit a record high in 2021,with 164 million participants,roughly 54%of the U.S.population.FLUCTUATING INFLATION

3、Inflation is high and is likely to impact holiday shopping spend this year,but the economic pain appears to have peaked in June when inflation hit 9.1%.Inflation has dropped to 7.7%in October.SHOPPING DESTINATIONSOutdoor participants are more likely to shop at specialty retail shops,but a significan

4、t percentage of their holiday shopping will be done online.LA NIA BENEFITSLa Nia will likely continue through the 2022-2023 winter,featuring colder and wetter weather in the northern U.S.and in Canada.The best seasons in terms of skier visits and snowfall have been La Nia seasons including 2007-2008

5、 and 2010-2011.SUPPLY CHAINSSupply chains continue to be disrupted across the globe,but many logistics issues have eased,including an approximately 30%decline in shipping costs.KEY INSIGHTSPAGE 1EXECUTIVE SUMMARYKETThe outdoor economy is strong,with$862 billion in gross economic output,4.5 million j

6、obs,and 54%of the population participating.The outdoor economy produces 1.9%of the total U.S.GDP and puts the outdoor industry on even footing with well-recognized industries including mining and utilities.The economic output of the outdoor industry increased by 21.7%in 2021,and participation increa