What should people know about the outdoor industry?
In November, the federal government announced the measurement of the outdoor industry. It just broke the barrier of 1.1 trillion dollars. That’s more than oil and gas extraction, mining, and agriculture. The outdoor industry is a whole ecosystem that’s hidden in plain sight, made up of many like-minded folks who prioritize environmental protection and sustainability in their work.
As New Englanders, we’re accustomed to surfing, sailing, and being in the mountains as just “something you do”. But there’s a supply component to the industry. Whether it’s a gear shop, a coffee shop, or an outdoor apparel manufacturer like PK Health Gear, we have this backbone that supports it all. We are now realizing the enormity of it, and that it is a powerful economic tool.
A big selling point for the outdoor industry is that it’s a recruitment tool for non-outdoor companies to say, “Why don’t you come work for us?” Take Walmart in Bentonville, Arkansas, for example. Arkansas has hundreds of miles of trails—it’s become a mecca for mountain biking. Everyone wants to go there and bike—and work—near these trails systems that Walmart helped to fund. This alone has built more industry.