Fishing For DollarsIf you think fishing doesn't have an impact on the U.S. economy then think again. In the year 2001 Anglers spent over $35.6 Billion dollars to pursue their sport. Sport Fishing generated more than $1.9 billion in states sales taxes in 2001. Here's some additional figures you may find interesting. They spent $14.7 billion for fishing trips, $17 billion for equipment, and $4 billion for licenses, stamps tags, land leasing and ownership, membership dues and contributions, and magazines. If hypothetically ranked as a corporation, this revenue figure would put sport fishing at 32nd on the 2002 Fortune 500 list of America's largest companies. Total economic output generated by freshwater fishing in 2001 exceeded $74 billion, including the impact on retailers, suppliers of goods and services to retailers, wholesalers and manufacturers, plus the indirect and induced impacts resulting from these activities. Including saltwater fishing, economic output reached $116 billion. The average angler incurs $1,046 in fishing-related expenses. Freshwater fishing expenditures in 2001 generated more than $19.4 billion in wages. Including saltwater fishing, $30.1 billion in wages were generated (up 23 percent since 1991). 683,892 full-time jobs exist due to freshwater fishing. Including saltwater fishing, the total exceeds 1 million (up 16 percent since 1991). $2.07 billion was spent on fishing tackle in 2001. Fishing tackle ranks 4th in terms of consumer expenditures for non-team sports equipment. Golf equipment ranks first followed by exercise equipment and firearms for hunting. Florida anglers spend more than $4 billion annually on fishing and related equipment. California and Texas anglers spend more than $2 billion. Angler expenditures exceed $1 billion in Michigan, Minnesota, New York, North Carolina and Wisconsin. All information is taken from FLW Outdoors Media Center. mc.flwoutdoors.com
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