Economic Fa$t Fact$

“Fishing has its intrinsic values; writers ruminate and poets ponder those values, yet every angler knows them. Economic studies make it clear that fishing is valuable in a very real and measurable way. From my perspective, I am glad to stand in league with anglers that drive this economic engine; healthy habitats and healthy fish lead to healthy people and healthy economies.”

Dr. Mamie Parker, US Fish and Wildlife Service, Fishing Tied to a Healthy Economy

3 On average, tourists coming to Vermont for the primary purpose of fishing and/or hunting spent $2096 in Vermont on their trips. Skiers spent an average of $1558 on their ski trips.  Hiking and/or Camping: $440

Source: A NATIONAL SURVEY OF THE VERMONT VISITOR  Prepared for The Vermont Department of Tourism and Marketing Prepared by School of Business Administration, The University of Vermont in association with Vermont Tourism Data Center, School of Natural Resources, University of Vermont   http://www.uvm.edu/~snrvtdc/publications/National_1999_Report2oct30.pdf

 

3 Anglers fishing Lake Champlain spent $205 million in a year

Source:  Opportunities for Action Plan Summary - April 2003 Version THE ECONOMIC IMPORTANCE OF LAKE CHAMPLAIN Recreation and Tourism
Gilbert, A.H. 2000. Lake Champlain Angler Survey 1997. Federal Aid Job Performance Report: Final Report. VTDFW, Waterbury, VT. VT: VTDEC. http://www.lcbp.org/OFA-APRIL2003/6_Economics.pdf

 

3 Lake Champlain Anglers spent $100 million on nondurable goods such as tackle, bait and refreshments in a year

Source:  Opportunities for Action Plan Summary - April 2003 Version THE ECONOMIC IMPORTANCE OF LAKE CHAMPLAIN Recreation and Tourism
Gilbert, A.H. 2000. Lake Champlain Angler Survey 1997. Federal Aid Job Performance Report: Final Report. VTDFW, Waterbury, VT. VT: VTDEC. http://www.lcbp.org/OFA-APRIL2003/6_Economics.pdf

 

3 Lake Champlain Anglers spent $105 million on durable goods such as fishing rods and fishing boats in a year

Source:  Opportunities for Action Plan Summary - April 2003 Version THE ECONOMIC IMPORTANCE OF LAKE CHAMPLAIN Recreation and Tourism
Gilbert, A.H. 2000. Lake Champlain Angler Survey 1997. Federal Aid Job Performance Report: Final Report. VTDFW, Waterbury, VT. VT: VTDEC.
http://www.lcbp.org/OFA-APRIL2003/6_Economics.pdf

 

3 42 percent of the above expenditures were associated with lake trout fishing

Source:  Opportunities for Action Plan Summary - April 2003 Version THE ECONOMIC IMPORTANCE OF LAKE CHAMPLAIN Recreation and Tourism
Gilbert, A.H. 2000. Lake Champlain Angler Survey 1997. Federal Aid Job Performance Report: Final Report. VTDFW, Waterbury, VT. VT: VTDEC.
http://www.lcbp.org/OFA-APRIL2003/6_Economics.pdf

 

3 There were 98 fishing and fishing-related businesses within ten miles of Lake Champlain

Source:  Opportunities for Action Plan Summary - April 2003 Version THE ECONOMIC IMPORTANCE OF LAKE CHAMPLAIN Recreation and Tourism
Gilbert, A.H. 2000. Lake Champlain Angler Survey 1997. Federal Aid Job Performance Report: Final Report. VTDFW, Waterbury, VT. VT: VTDEC.
http://www.lcbp.org/OFA-APRIL2003/6_Economics.pdf

 

3 The owners of those businesses estimated that 78% ($5.6 million) of their $7.2 million in gross fishing-based income was derived from anglers fishing Lake Champlain or its tributaries

Source:  Opportunities for Action Plan Summary - April 2003 Version THE ECONOMIC IMPORTANCE OF LAKE CHAMPLAIN Recreation and Tourism Gilbert, A.H. 2000. Lake Champlain Angler Survey 1997. Federal Aid Job Performance Report: Final Report. VTDFW, Waterbury, VT. VT: VTDEC.
http://www.lcbp.org/OFA-APRIL2003/6_Economics.pdf

 

3 Hunting, fishing and wildlife watching made up 5 percent of Vermont's gross state product (GSP).  This is 4th in the Nation as a percentage of GSP after Alaska, Montana and Wyoming, respectively

Source:  Passing The Buck A Comparison of State Fish and Wildlife Agency Funding and the Economic Value of Wildlife-Associated Recreation   A Special Report by the Izaak Walton League of America 1999    http://www.teaming.com/pdf/Passing%20the%20Buck.pdf

 

3 96 thousand resident and 75 thousand nonresident anglers 16 years old and older fished 2.3 million days in Vermont—an average of 14 days per angler 

Source:  2001 National Survey of Fishing, Hunting and Wildlife-Associated Recreation   http://www.census.gov/prod/2003pubs/01fhw/fhw01-vt.pdf

 

3 These anglers spent $111 million on fishing expenses in Vermont

Source:  2001 National Survey of Fishing, Hunting and Wildlife-Associated Recreation   http://www.census.gov/prod/2003pubs/01fhw/fhw01-vt.pdf

 

3 Vermonters rank second only to Alaskans in enjoying wildlife resources recreationally.  Sixty-seven percent of Vermonters went fishing, hunting or wildlife watching, or enjoyed a combination of these activities, while 70 percent of Alaskans did the same.

Source:  2001 National Survey of Fishing, Hunting and Wildlife-Associated Recreation   http://www.census.gov/prod/2003pubs/01fhw/fhw01-vt.pdf

 

3 For every dollar spent producing rainbow trout in National Fish Hatcheries, that dollar grows in the economy to $36.88 in net economic value, creating 3,502 jobs generating $80 million in wages. $10.6 million returned to the public treasury in federal income tax.  The money spent on rainbow trout fishing returned an astounding $325.1 million in total economic output.

Dr. Mamie Parker, US Fish and Wildlife Service, Fishing Tied to a Healthy Economy
Source: “The Economic Effects of Rainbow Trout Stocking by Fish and Wildlife Service Hatcheries in FY 2004.” Dr. Jim Caudill, 2005.

 

3 “Fishing has its intrinsic values; writers ruminate and poets ponder those values, yet every angler knows them. Economic studies make it clear that fishing is valuable in a very real and measurable way. From my perspective, I am glad to stand in league with anglers that drive this economic engine; healthy habitats and healthy fish lead to healthy people and healthy economies.”

Source: Dr. Mamie Parker, US Fish and Wildlife Service, Fishing Tied to a Healthy Economy