Motorcycle Industry Council & Associations Participate in Study …

Economic Impact of Motorcycles

Want to do your part to help the economy? Keep riding! That's right. Well, outdoor recreation spending was upwards of 6-1/2 millions dollars in 2011. The article mentioned below is from Motorcylist Online, the web version of Motorcyclist Magazine. Check it out.

Motorcycle Industry Council & Associations Participate in Study …

"IRVINE, Calif., June 14, 2012 – The Motorcycle Industry Council, along with the … communications and media relations, statistics and research, aftermarket …"
http://blogs.motorcyclistonline.com/motorcycle-industry-council-associations-participate-in-study-showing-outdoor-recreation-to-be-646-billion-industry-nationwide-18107.html

“The big news is that the direct economic impact of outdoor recreation was worth $646 billion in 2011, generating more dollars than other vast industries like pharmaceuticals and motor vehicles and related parts,” said Morgan. “The MIC, the SVIA, and ROHVA were pleased to invest in the research that helped make this study possible. Now that the initial results of the study are out, it’s time to put down the pencils and calculators and take advantage of the great outdoors and have some fun.”

 

We should point out that this impact is not related to consumer spending alone. "Tax revenue, income, and number of jobs created by outdorr recreation" were also explored in this study.

Category: Motorcycle News