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Thread: The Economics of Sportfishing: ASA Releases Report

  1. #1

    Default The Economics of Sportfishing: ASA Releases Report

    Southwick Associates was recently busy working with the American Sportfishing Association (ASA) to highlight a financial pillar of conservation, fishing, as described in the report, “Sportfishing in America: An Economic Force for Conservation.”

    With the USFWS reporting that 33 million Americans age 16 or older went fishing in 2011, and ASA estimating there are potentially as many as 60 million Americans of all ages who consider themselves anglers in the country, fishing at least once every five years, the sportfishing community is undoubtedly vital to the economy and conservation.

    It is estimated that anglers spend approximately $48 billion annually on equipment, licenses, trips, and other fishing-related items or events with an economic multiplier effect of $115 billion impacting our nation’s economy. Each angler spends roughly $1,441 per year supporting 828,000 jobs that account for as much as $35 billion in salaries and wages. Plus, through excise taxes on fishing tackle, fishing licenses and personal donations, anglers contributed nearly $1.5 billion in dedicated funding to fisheries conservation in 2011. And these numbers promise to grow with the population of anglers growing 11 percent between 2006 and 2011.

    More Fishing Quick Facts:
    • More Americans fish than play golf (21 million) and tennis (13 million) combined.
    • If fishing were a company, the amount spent by anglers to support fishing-related retail sales would rank number 51 on the Fortune 500 list.
    • Fishing generated more revenue ($48 billion) than Lockheed Martin ($47 billion), Intel ($44 billion), Chrysler ($42 billion) or Google ($38 billion).
    • The economic activity generated by sportfishing is greater than the economies, measured in Gross State Product, of 17 states.

    View more facts and figures, as well as the full report.
    Paul Sharman
    Editor-in-Chief
    Fish and Fly Ltd

  2. #2
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    Default Re: The Economics of Sportfishing: ASA Releases Report

    Well, I'm doing my part on the spending side.

    Just ask my wife.

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  4. #3
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    Default The Economics of Sportfishing: ASA Releases Report

    Quote Originally Posted by plecain View Post
    Well, I'm doing my part on the spending side.

    Just ask my wife.
    Same here...although the better half only thinks I'm spending about 50% of what I am actually spending!

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    Default Re: The Economics of Sportfishing: ASA Releases Report

    Quote Originally Posted by ghocevar View Post
    Same here...although the better half only thinks I'm spending about 50% of what I am actually spending!
    Alas, my wife is the family bookkeeper. I have no place to hide.

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    Default Re: The Economics of Sportfishing: ASA Releases Report

    Quote Originally Posted by Editor View Post
    Each angler spends roughly $1,441 per year
    Well, I've done more than my fair share.

  7. #6

    Default Re: The Economics of Sportfishing: ASA Releases Report

    If most are spending only 1400 a year, well my monthly budget is totally F-ed up

    But same goes for my weird addiction to motorcycles. Ugh I have expensive hobbies.

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    Default Re: The Economics of Sportfishing: ASA Releases Report

    Quote Originally Posted by stuie675 View Post
    Ugh I have expensive hobbies.
    Yah, but look how much fun we have.

  10. #8

    Default Re: The Economics of Sportfishing: ASA Releases Report

    Quote Originally Posted by Diver Dan View Post
    Yah, but look how much fun we have.
    So true.

    Just spent another 300 in tires for the Daytona lol she is almost track ready. COME ON SPRING!

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  12. #9
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    Default Re: The Economics of Sportfishing: ASA Releases Report

    Quote Originally Posted by stuie675 View Post
    Ugh I have expensive hobbies.
    Ummm.


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  14. #10
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    Default Re: The Economics of Sportfishing: ASA Releases Report

    What's that quote, "when I die, my greatest fear is my wife will sell my rods for what I said I paid for them"

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