Economics

Socioeconomic Assessment

In today's "Information Age," economic research and analysis are vital to the broad approach necessary to address Florida's complex fish-, wildlife- and habitat-related issues.

The Socioeconomic Assessment Office, part of the Fish and Wildlife Research Institute, provides decision-makers with an understanding of the economic value, impact, benefits, costs and efficiency measures directly related to the conservation of fish and wildlife resources. Although the primary audience for this information is the Florida Legislature and FWC resource managers, we recognize the importance of communicating economic information to the public as well.

Economics of Fish & Wildlife Recreation in Florida

When a family goes fishing or hunting, buys binoculars to view wildlife, visits a nature preserve, goes boating or visits a seafood restaurant in Florida, it is contributing to the economic prosperity of the state and to jobs. Results from various studies, summarized on this page, show in human terms the value of protecting and managing wildlife.

Economic Impacts of Hunting, Freshwater Fishing, Saltwater Fishing, Wildlife Viewing and Recreational Boating

(Reviewed June 2016)
 

Category Economic Contribution Jobs
Hunting* $1.6 billion 14,673
Recreational Freshwater Fishing* $1.7 billion 14,040
Recreational Saltwater Fishing** $8.0 billion 114,898
Wildlife Viewing* $4.9 billion 44,623
Recreational Boating*** $10.4 billion 82,752

* 2011 data
** 2014 data
*** 2013 data


Hunting, Recreational Freshwater Fishing and Wildlife Viewing Expenditures

(2011 data)

  Hunting Freshwater Fishing Wildlife Viewing
Participants 242,000 1,227,000 4,308,000
Total Expenditures $716 million $710 million $3 billion
Trip-related $281 million $461 million $1.7 billion
Equipment and other $435 million $249 million $1.3 billion
Average per participant $2,824 $578 $668


Recreational Saltwater Fishing Expenditures (2014 data)

Fishing Goods  Trip Expenditures   Equipment Durable Goods Expenditures 
  Non-Residents Residents Fishing Tackle 2,107,204
For Hire 299,660 40,733 Other Equipment 894,740
Private Boat 137,458 387,377 Boat Expenses 5,301,084
Shore 210,978 117,769 Vehicle Expenses 578,136
Total 648,096 545,880 Second Home Expenses 76,255
      Total Durable Expenditures 8,957,419
      Total State Trip and Durable Goods Expenditures 10,151,395


Recreational Boating Expenditures (2013 data)

Total Expenditures $10.3 billion

 

Sources

Sources Hunting: Southwick Associates. Hunting in America: An Economic Force for Conservation. Produced for the National Shooting Sports Foundation in partnership with the Association of Fish and Wildlife Agencies. 2012. LinkAdobe PDF.

Recreational freshwater fishing: Southwick Associates. Sportfishing in America: An Economic Force for Conservation. Produced for the American Sportfishing Association under a U.S. Fish and Wildlife Service Sport Fish Restoration grant (F12AP00137, VA M-26-R) awarded by the Association of Fish and Wildlife Agencies. 2012. Available at LinkAdobe PDF.

Recreational saltwater fishing: National Marine Fisheries Service. 2016. Fisheries Economics of the United States, 2014. U.S. Dept. Commerce, NOAA Tech. Memo. NMFS-F/SPO-163. LinkAdobe PDF

Wildlife viewing: Southwick Associates. The 2011 Economic Benefits of Wildlife Viewing in Florida. Prepared for Florida Fish and Wildlife Conservation Commission. LinkAdobe PDF

Recreational boating: National Marine Manufacturers Association. Economic Significance of Recreational Boating in Florida. 2013. LinkAdobe PDF


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