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Bureau of Economic Analysis data shows increase in GDP for state’s outdoor recreation economy
SANTA FE, N.M. – The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) has released economic data for 2022 exhibiting outdoor recreation’s powerful and positive economic impact on the U.S. economy. The outdoor recreation economy in New Mexico grew 1.8% from 2021 to 2022, according to the BEA. This year’s report also shows that outdoor recreation creates $2.4 billion in value added for New Mexico and accounts for 1.9% of state GDP, including nearly 28,000 jobs.
