National Recreation

State and local

Value Added
$28.17B
2024
YoY Growth
+8.5%
20232024
Employment
0.15M
2024
Compensation
$25.73B
2024

State and local: Value Added vs Gross Output

Gross Output measures total economic output including intermediate inputs. Value Added measures contribution to GDP.

State and local: Nominal vs Real

Comparing current dollars to inflation-adjusted (2017 dollars) shows the true growth trajectory.

State and local: Year-over-Year Growth

Annual percentage change shows volatility and trend patterns.

State and local: Employment & Compensation

Jobs supported and total compensation paid in this industry sector.

2024