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Value of US sportfishing: $48 billion!
The American Sportfishing Association (ASA) estimates that recreational fishing supports more than 800,000 jobs and turns over $48 billion a year in the US.
Jan 18th 2013/mj
It's estimated that as many as 33 million people engage in fishing, and spend $48 billion annually on equipment, licenses, trips and other fishing-related items or events.
These numbers come from a report released by The American Sportfishing Association (ASA) – the sportfishing industry’s trade association committed to representing the interests of the entire sportfishing community.
Add to that taxes and private conservation donations. In 2010 alone, the excise tax on sportfishing tackle amounted to $390 million. Along with the $657 million contributed by anglers through fishing license fees and $403 million in private donations, anglers generated $1.45 billion for fisheries conservation efforts.
The number of active anglers is steadily growing and the report estimates that it has increased 11% since 2006. And not only that, but each angler spends more money and fishing tackle sales alone has grown 16% during the last 5 years. ASA has actually calculated that each angler spends $1,441 a year on his or her pastime, which includes hotels, restaurants, gasoline and other goods and services consumed in relation to fishing. That amounts to jobs generating 35 billion in salaries.
Altogether angling is big business and very important in conservation and environmental work, and is not only stable but even growing in a time where everything else is either in recession or just barely stable.
The report breaks down these numbers i detail accounting for local and non-resident anglers, fishing days and many more numbers listed per US state.