National Parks: For every $1 invested, $10 returned to the economy

The establishment of new National Parks isn't just a win for nature enthusiasts and conservationists—it's increasingly recognized as a significant economic driver for local communities. Recent studies and economic analyses have shown that National Parks provide substantial returns on investment, boosting local economies through increased tourism, job creation, and indirect economic benefits.

According to the National Park Service (NPS), visitor spending in communities near national parks in 2021 resulted in a $42.5 billion benefit to the nation's economy and supported 322,600 jobs. For every $1 invested in the National Park Service, $10 is returned to the U.S. economy, primarily through tourism and recreation spending.

A 2017 study by the Outdoor Industry Association found that the outdoor recreation economy generates $887 billion in consumer spending annually and creates 7.6 million jobs. National Parks play a crucial role in this economy, attracting millions of visitors each year who spend money on lodging, food, transportation, and recreational activities.

The impact on local communities can be even more pronounced. A case study of Voyageurs National Park in Minnesota showed that for every dollar invested in the park, approximately $4 was returned to the local economy. This multiplier effect demonstrates how park-related spending ripples through local economies, benefiting a wide range of businesses and individuals.

In 2019, a study by Headwaters Economics found that counties adjacent to national parks had per capita incomes that were on average $4,400 higher than counties in the same states that were not adjacent to national parks.

National Parks are significant job creators. In addition to direct employment by the NPS, parks support a wide range of jobs in nearby communities. The NPS reported that in 2021, visitor spending supported more than 322,600 jobs, $14.6 billion in labor income, and $24.3 billion in value added.

The benefits of National Parks extend beyond immediate tourism dollars. They can lead to long-term economic growth by attracting new residents and businesses to the area. A study by the Center for Western Priorities found that counties in the West with protected public lands, including National Parks, have higher per capita incomes and faster economic growth than those without protected lands.

While harder to quantify, the environmental and health benefits of National Parks also contribute to economic well-being. Parks provide ecosystem services such as clean air and water, which reduce healthcare costs and improve quality of life. The NPS estimates that the total value of National Park landscapes for carbon sequestration alone is over $700 million annually.

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