logo
REPORT: Outdoor recreation adds $7.3B to Arkansas economy

REPORT: Outdoor recreation adds $7.3B to Arkansas economy

Yahoo27-02-2025

LITTLE ROCK, Ark. (KNWA/KFTA) — Outdoor recreation contributed $7.3 billion to the state's GDP and supported 68,431 jobs, according to a report from Bentonville-based Heartland Forward.
The findings, released on Feb. 24, at the Arkansas Outdoor Economy Summit, look at the sector's role in the state's $9.9 billion tourism industry.
The outdoor recreation sector directly contributed $4.5 billion (2.5%) to Arkansas' GDP, reflecting a 33% growth from 2019 to 2023, according to the Arkansas Outdoor Recreation Impact Report.
In 2023 alone, outdoor recreation generated $926 million in federal, $729 million in state and $240 million in local tax revenue.
Arkansas ranks fourth nationwide for the share of its GDP attributed to outdoor product manufacturing.
Bentonville West High School students win STEM competition for cancer detection app
Other key takeaways include:
Outdoor amenity construction saw a 52.7% increase in GDP contribution over the past four years, largely due to bike trail expansion projects.
Regional employment data shows that 31.3% of Arkansas' outdoor recreation jobs are in Northwest Arkansas, with 27.2% in Central Arkansas.
The fishing sector experienced a 36.8% increase in GDP contribution between 2019 and 2023, and Arkansas ranks sixth in the nation for the economic impact of its boating industry.
The report also introduces a new dataset that uses artificial intelligence to analyze 90,000 companies and identify outdoor recreation-focused businesses in Arkansas.
Simultaneously, state officials released the 2025 Statewide Comprehensive Outdoor Recreation Plan (SCORP), a five-year strategy outlining key investment, accessibility and conservation priorities.
The plan is essential for securing federal funding through programs like the National Park Service's Land and Water Conservation Fund.
To sustain growth, the Office of Outdoor Recreation is investing in trail development, water access projects and workforce training through the 2025-2030 Statewide Comprehensive Outdoor Recreation Plan (SCORP).
Major projects include enhancements at Petit Jean State Park, Delta Heritage Trail, Lake Conway, and Bayou Bartholomew. Workforce initiatives, such as NWACC's Trail Technician program, aim to prepare Arkansans for careers in outdoor recreation.
The plan outlines a five-year strategy to expand infrastructure, improve accessibility and secure federal funding and promote outdoor innovation.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

China Matters' Feature: Low-altitude Economy -- A New Industry Reshaping Global Transportation
China Matters' Feature: Low-altitude Economy -- A New Industry Reshaping Global Transportation

Yahoo

time21 minutes ago

  • Yahoo

China Matters' Feature: Low-altitude Economy -- A New Industry Reshaping Global Transportation

BEIJING, June 10, 2025 /PRNewswire/ -- From electric vehicles (EVs) to the 4,500-kilometer high-speed railway network that accounts for two thirds of the global total, China is forging a connected world with its outstanding strength. In the field of transportation, China is pioneering a brand-new frontier: the low-altitude economy. To put it in a simpler way, vehicles can transform into flying machines to facilitate people's daily travels. In the future, flying taxis, delivery drones, and airborne adventures are poised to redefine transportation. With the emergence of such companies as DJI drone, China accounts for over 70% of global civilian drone sales. EHang, a Guangzhou-based tech pioneer, has become the world's first company to secure full aviation certifications for its passenger-carrying flying vehicles. The market value of China's low-altitude economy skyrocketed to over $70 billion in 2023, achieving an impressive annual growth rate of 33.8%. What's more, a new low-altitude route between Shenzhen and Zhuhai cuts the three-hour drive down to a 20-minute flight. Faster, more affordable, and with Instagram-worthy views: this is how urban mobility is redefining itself. None of this would be possible without cutting-edge technology. With 5G-Advanced networks tracking aircrafts in real-time, drones can now help plant crops, deliver packages, aid disaster relief operations. This sector's rapid growth highlights its potential to reshape logistics, tourism, and emergency services, signaling vast economic opportunities. Technological advancements in renewable energy, Al, and telecommunications have accelerated the development of low-altitude technologies, while government support and private investments fuel the progress of the entire industry. By integrating radar systems, 5G networks, and Al-driven monitoring, China aims to build a secure, efficient low-altitude ecosystem for future generations. Click the link below to know more about this new technology. Stay tuned for more exciting content coming soon. YouTube Link: View original content to download multimedia: SOURCE China Matters Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Apollo Makes Strategic Investment in T.D. Williamson
Apollo Makes Strategic Investment in T.D. Williamson

Yahoo

time27 minutes ago

  • Yahoo

Apollo Makes Strategic Investment in T.D. Williamson

Global infrastructure company T.D. Williamson (TDW) has received a strategic investment from Apollo— though Houston-based private equity firm SCF Partners will retain a majority ownership stake in the infrastructure company, TDW said June 10. SCF Partners acquired TDW in 2022. The size of Apollo's investment was not disclosed. TDW has been a leader in the pipeline maintenance and integrity industry for more than 100 years. The company's offerings include a suite of maintenance and asset optimization solutions that enhance safety, reliability and performance for the full lifecycle of pipeline infrastructure. The company holds more than 500 registered patents, including 'innovations in advanced isolation, integrated pigging, in-line integrity assessment and repair — deployed across both infrastructure and utility end markets,' the company said. '…We are committed to delivering best-in-class, technically differentiated solutions to support the evolving needs of the operators of critical pipeline infrastructure. This investment by Apollo Funds, alongside our existing relationship with SCF Partners, marks a significant milestone in our journey as we continue to invest in meeting the needs of our customers through innovation and expanding our global reach," said TDW CEO Bob McGrew Scott Browning, partner at Apollo, said TDW has a long track record of innovation and customer service and that the investment company will support TDW management and SCF to accelerate strategic growth initiatives. "For over a century, TDW has stood at the forefront of pipeline integrity and innovation," commented Deviyani Misra-Godwin, managing director at SCF. "Over the past three years, we've seen tremendous growth in the company, with the team expanding its technology and product portfolio, deepening customer relationships, and continuing to lead the way on safety and operational excellence. We're honored to continue to work alongside TDW's world-class team and excited to welcome Apollo Funds as a strategic partner in this next chapter of growth." TDW and SCF Partners were advised by Vinson & Elkins LLP. Kirkland & Ellis LLP advised the Apollo Funds.

Qantas to close low-cost arm Jetstar Asia
Qantas to close low-cost arm Jetstar Asia

Yahoo

time32 minutes ago

  • Yahoo

Qantas to close low-cost arm Jetstar Asia

Australia's Qantas said on Wednesday it will close Jetstar Asia, the group's Singapore-based budget airline, as it reels with rising supplier costs, higher airport fees and intensifying competition among low-cost carriers. The move will free A$500 million ($326.40 million) in capital for the flag carrier to invest in its fleet renewal plans. Qantas said that 13 Jetstar Asia Airbus A320 aircraft will be progressively redirected to Australia and New Zealand. Jetstar Asia continues to be negatively affected by rising supplier costs, high fees at airports and rising competition in the region, fundamentally challenging its ability to deliver returns comparable to the stronger performing core markets in the group. Group CEO Vanessa Hudson said the company has seen some supplier costs rise by up to 200%, materially changing its cost base. 'We are currently undertaking the most ambitious fleet renewal program in our history, with almost 200 firm aircraft orders and hundreds of millions of dollars being invested into our existing fleet,' Hudson added. The low-cost unit has faced intensifying competition from Southeast Asian budget carriers, including Capital A's AirAsia and Singapore Airlines' Scoot. Qantas launched Jetstar Asia over two decades ago, in a bid to capitalize on the growing demand for low-cost air travel in the continent. Jetstar Asia is currently expected to post an underlying EBIT loss of A$35 million in the current financial year. The airline will cease operating on July 31 and will continue flights for the next seven weeks. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store