Value Added Value AddedAn activity's net contribution to GDP — what it earns minus what it spends on inputs from other industries.
$5.52B
2024
YoY Growth Year-over-Year GrowthPercentage change from one year to the next.
+12.3%
2023 → 2024
Employment EmploymentFull- and part-time jobs supported by outdoor recreation. Counted as jobs, not people.
0.02M
2024
Compensation CompensationTotal wages, salaries, and benefits paid to workers. Includes employer-paid health insurance and retirement.
$2.13B
2024
Insurance carriers and related activities: Value Added vs Gross Output Value AddedAn activity's net contribution to GDP — what it earns minus what it spends on inputs from other industries.Gross OutputTotal dollar value of everything an industry produces, including intermediate inputs. Always larger than value added.Intermediate InputsMaterials/services one industry buys from another to produce its output (e.g., a ski resort buying snowmaking equipment).
Gross Output measures total economic output including intermediate inputs. Value Added measures contribution to GDP.
data.hereandthere.clubSource: BEA / NPS
Insurance carriers and related activities: Nominal vs Real Nominal (Current Dollars)Dollar values in the year they occurred, not adjusted for inflation.Real (2017 Dollars)Inflation-adjusted values using 2017 as a fixed reference point. Shows true growth without price distortion.
Comparing current dollars to inflation-adjusted (2017 dollars) shows the true growth trajectory.
data.hereandthere.clubSource: BEA / NPS
Insurance carriers and related activities: Year-over-Year Growth
Annual percentage change shows volatility and trend patterns.
data.hereandthere.clubSource: BEA / NPS
Insurance carriers and related activities: Employment & Compensation EmploymentFull- and part-time jobs supported by outdoor recreation. Counted as jobs, not people.CompensationTotal wages, salaries, and benefits paid to workers. Includes employer-paid health insurance and retirement.
Jobs supported and total compensation paid in this industry sector.