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Business Blog

RESEARCH

Fishing and Hunting Contribute Billions to U.S. Economy

Fishing and hunting are long-standing institutions in the United States. Not only are they hobbies enjoyed by millions, fishing and hunting are important contributors to the country's massive outdoor recreation economy. Consumer spending on outdoor recreation contributes $887 billion to the U.S. economy, employs 7.6 million Americans and generates $125 billion in tax revenues.

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5 Worst States for Buck Hunting

Thanks to exhaustive information compiled by the Quality Deer Management Association, trends in deer hunting, and especially buck hunting, have shown some interesting shifts in the haves and have-nots when it comes to whitetail opportunities. An earlier post here at the Realtree Business Blog identified the “Top 5” states for buck hunting. This time, let’s look at the lower-tier states — at least when it comes to overall trends.

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Archery Equipment Market on Upward Trend in 2016

  • April 26, 2017
  • By Todd Whitesel
  • Research

 

The global archery equipment market is flying high and expected to achieve a Compound Annual Growth Rate (CAGR) of 6.91% from 2016 to 2020, according to a Technavio report. Advancing product technologies and increasing numbers of archery participants are helping sustain market growth. North America is the most profitable archery equipment market, representing more than 38% of global market share, followed by Europe and Asia-Pacific region countries.

 

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Top 5 Best States for Buck Hunting

  • April 18, 2017
  • By Adam Preston
  • Research

If you market products to serious deer hunters, it helps to not only know where the hunters are, but also where the bucks are. Thanks to our friends at the Quality Deer Management Association, a recent study pinpoints the states and regions that are producing quality deer hunting opportunities better than any other.

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The Most Important Reason for Hunting

New research indicates that American hunters are returning to their roots and going afield mostly as a means to acquire meat.

 

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Kayaks Expected to Keep Fishing Equipment Market Strong

  • April 5, 2017
  • By Todd Whitesel
  • Research

Some 46 million Americans went fishing last year, and related purchases generated more than $48 billion in retail sales according to the latest update of Economic Contributions of Recreational Fishing: U.S. Congressional Districts. In all, the economic impact of angling in the U.S. is estimated at $115 billion.

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