GOED 2020 Annual Repor t
Targeted Industries
Outdoor Products and Recreation According to the Outdoor Industry Association, the outdoor recreation economy in Utah is substantial, generating: 110,000 direct jobs $12.3 billion in consumer spending $ 3.9 billion in wages and salaries $737 million in state and local tax revenue One of the driving factors behind these numbers is that 72% of Utahns participate in outdoor recreation each year. Utahns enjoy the great outdoors. Based on figures from the Utah Mining Association and the Utah Governor’s Office of Energy Development, more than twice as many direct jobs in Utah depend on outdoor recreation (110,000) as on mining (32,000) and energy (18,000) combined. According to a Kem C. Gardner Policy Institute analysis of U.S. Bureau of Economic Analysis and U.S. Bureau of Labor Statistics data, “Utah ranks in the top 10 states for outdoor recreation value added, employment, and compensation as percent of total. In other words, the outdoor recreation industry plays a greater role in Utah’s economy than it does in most other states’ economies.”
Initiatives
Utah’s outdoor companies, brands, and nonprofits are not only a large part of Utah’s economy but are also key players in giving back to Utah communities. Three Utah outdoor businesses and a machine company partnered to manufacture medical-grade PPE face shields in response to the COVID-19 pandemic. DPS Skis, Goal Zero, and Petzl combined efforts and resources with cutting machine manufacturer Eastman Machine Company to manufacture face shields for the Utah Department of Health. “Our entire team is proud to be contributing to the nationwide effort of personal protective equipment production and are humbled by the enthusiastic support of key partners that are helping make this possible,” said Alex Adema, DPS president and CEO. “With a 15-year history of rapid prototype-to-production manufacturing, we are in a unique situation to convert a major portion of our operations to produce protective medical face shields. We are inspired by the healthcare workers who dedicate their lives to helping others.” These efforts are a testament to the commitment Utah’s outdoor companies have to not only help outdoor enthusiasts, but to support the entire community through innovation, dedication, creativity, and hard work. Government
Net Tax Revenue
Share
State
$299.7
63.0%
Local
$176.1
37.0%
Total
$475.8
100.0%
Fiscal impacts of the life science industry in Utah; 2017 (millions of dollars) 52
