Thursday, October 4, 2018

How does Hunting affect the Economy

Tyler Hintz
Econ Blog Post
Reuter

How Does Hunting Affect the Economy?

For millions of people around America and all around the world, hunting has become an addiction that flows through hunters veins and keeps them coming back to do the same thing with the same intensity and eagerness as the year before. Hunting is a lifestyle for many, but even for those that choose not to let an arrow fly or pull the trigger in the fall, hunting many still benefit them without them even knowing it. Hunting has a profound effect on the economy as it provides jobs at different outfitter stores around the nation, as well as a bunch of revenue that goes towards different purposes.

Even though it may not seem like a big business, hunting supports more than sixty-eight thousand jobs and has annual impact of some thirty-eight billion dollars on the economy. Hunting revenue primarily comes from the sale of licenses but it also is made from all of the people that buy the gear they need. Because there are so many different seasons of hunting, the sales of products and licenses can create profit throughout the whole year. Not just during the fall when most of the hunting seasons take place. Hunting also supports motels and tent companies stay in business when they take trips to different states for bigger hunts. Hunting itself has created its own line of outdoor stores like Cabelas and Gander Outdoors which is a big money maker.

No matter what the age, one thing is for sure. Hunting is hot and getting hotter. Did you know that some sixteen million Americans will hunt this year? The combined revenue alone from this will be a giant spike in the government's revenue over the next few months once hunting starts to heat up. Hunters spend an average of twenty-two billion dollars each season. All of this money spent on all of the gear means that hunting is good for all of those companies.

Below is a chart showing all of the sales in 1996 done by hunters as well as jobs that were created. Imagine the growth of the amount of hunters over the last twenty years and the amount this number has grown by.

US 1996 Hunting Economic Impacts

Deer
Migratory Birds
Upland Game Bird (Quail,
Pheasant, Grouse only)
All Hunting
Retail Sales
$10,324,904,373
$2,996,257,139
$1,895,704,348
$22,104,313,660
Multiplier Effect
$27,858,958,706
$8,154,525,482
$4,903,780,081
$60,998,344,806
Salaries and Wages
$7,200,082,463
$2,116,177,982
$1,201,073,493
$16,120,559,638
Jobs
331,904
95,748
55,546
704,601
State Sales Tax Revenues
$581,054,859
$178,480,197
$128,803,838
$1,068,110,791
State Income Tax Revenues
$148,594,333
$37,995,873
$22,524,049
$322,236,505
Fed. Income Tax Revenues
$763,392,226
$216,155,138
$125,587,037
$1,725,812,994


Retail Sales
Multiplier Effect
Earnings
Jobs
Sales Tax
State Income Tax
Fed. Income Tax
$982,097,906
$2,100,374,184
$618,208,449
26,802
$59,844,553
$6,688,258
$66,398,026

Source: “The Economic Importance of Hunting.” The Economic Importance of Hunting - California Department of Fish and Wildlife,
www.dfg.ca.gov/wildlife/hunting/econ-hunting.html.


As you can see hunting truly creates jobs and alot of revenue. As people around the world continue to find hunting as an interest, these numbers will simply continue to climb and big outfitters like Cabelas will continue to grow in sales, as well as the companies they endorse. So as we hunters continue to gear up and purchase annual licenses, the government will continue to receive revenue. And that is good for our economy.




“The Economic Importance of Hunting.” The Economic Importance of Hunting - California Department of Fish and Wildlife, www.dfg.ca.gov/wildlife/hunting/econ-hunting.html.

“Hunting in America - The Economy.” Protect The Harvest, 19 Nov. 2015, protecttheharvest.com/2014/11/14/hunting-america-economy/.

11 comments:

  1. I did not realize that hunting supports more than sixty-eight thousand jobs and has annual impact of some thirty-eight billion dollars on the economy. I always just thought that most people just went hunting as a hobby. After seeing that chart, it’s amazing to see how many jobs and how much money it brings in. With all that money being made in 1996, I am interested to see that chart updated to 2018 and maybe have some 2019 or 2020 projections. To me, the biggest part of this is the Jobs. The 1996 job count was about 700,000 and that’s 700,000 people doing what they love to do every day. Again, I am interested to see these numbers a little more updated.

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  2. I really do believe that the fact that hunting is supporting other job outputs, like for stores, they support whenever an animal is hunted down, they are often the animals produced and used for in store foods. Also the amount of people that are hunting more and more is a good sight to see, which means more animal foods will be brought in to support families who enjoy eating deer, turkey, etc. overall a good post and great way to find out about how hunting is helping out the community with other jobs.

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  3. Hunting will always have a long term effect on people's lives because it comes from family history or just to get outside and just enjoy life. But one thing that it has an effect on is the food industry. Venison, elk, duck, pheasant, and many more are big in the food industry's because they are a “foreign” food because if you go to any mid-class restaurant nine times out of ten they will not serve any of that. If you go to a higher class restaurant then there’s a higher chance of them serving any of those meats. When major hunting seasons open like deer or turkey there will be a spike of gun sales, ammunition sales, even license sales. They all help support the economy by the funds supporting the next year’s hunting seasons or just anything hunting related in general.

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  4. I never realized that hunters had the annual impact of thirty eight billion dollars on our national economy. As I am also a hunter, I can relate that over the years since my family has been hunting we have spent a lot on not just clothes and gear for hunting but the actual tags as well. Every season that people are able to hunt may or may not be successful for them, but for the companies it's always a success from all that profit off of the season tags. I am interested to see what the charts will be like in the future years and how much more involved people might be into going hunting with their families as well.

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  5. It's interesting to think that hunting is more than tagging a bag. All the markets that are created for and expanded on, just from the basic sport is amazing. There is something you have to consider about all the revenue that hunting creates. The money that people spends on hunting tickets, you said goes to the government. So wouldn't that not help the economy a lot because it is going towards government spending instead of straight back into the market place. There still is definitely the money that people spend to buy all the things that they need to hunt. But could part of the market be smaller than it seems due to the destination of the cash flow? Not saying that the market could be smaller, but could it could be a factor the economy. Just something to spark conversation!

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  6. This is an interesting topic and relevant for the upcoming fall season. I had no idea that hunting was such a large market and the amount of money spent between hunters and businesses is crazy. I suppose just like any sport, you would see much of the economy benefit from good hunters who bring in a lot of game during the season. I wonder how much of that $22 billion is distributed back to businesses and hunters and how much the government takes. Licenses can be expensive depending on where you hunt and what you are hunting for. Although hunting may benefit the economy, the government is still taking a lot of money away. Just like any other job, the government takes a certain amount of money away- is that something of concern? what is the effect of the government taking some of the profit?

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  7. This was really interesting to read. I had no idea that hunting could support so many jobs. Like in other sports there area lot of things you could do. If you are a good hunter then you could bring in a lot of game over the season and that could really help the economy. With all of the hunting it is good for the economy but the government still takes a lot of money away, just like other jobs. No matter what you do in the work force the government will take a set amount of money out what you are making.

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  8. I agree with you because although not all people are hunters, I believe that all people can truly benefit from hunting. The hunting market does have an impact on America's economy because it creates revenue. It also helps our economy because there are many hunting jobs. I agree and was very interested by reading your article.

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  9. Other than some grammar errors, I think your post sheds light on an interesting topic. Hunting is a very hotly debated past-time but with all the jobs that it provides, there is no denying that it, like many other things, is a great source of revenue for big businesses and the government. I'm sure many others have noticed this but since the graphic you used was from well over 2 decades ago, it might be more beneficial to your argument to show something from more recently, even if it is a couple years ago, it might paint a better picture of the effect hunting has on today's economy. That is considering that revenue may have gone either up or down within the past few decades hunting may not be pulling in as much revenue as it once was or the opposite may be true. Also, while hunting does create some jobs, it is certainly not a savior considering the fact that unemployment is still an issue in America and since it is such a niche category of jobs, it is often not available to many prospective employees and stays local or family owned. Of course this is not always the case, but it's impact on the American government isn't too substantial as we are still trillions of dollars in debt.

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  10. I agree with your statement that hunting benefits the economy as a whole. I believe that hunting creates a positive for the economy because it helps create more jobs for people. Whether people are hunting for pleasure or hunting for a living it is still beneficial to the economy. All the supplies hunters need in order to be able to go out and hunt can help boost the economy adding on to the actual money that can be made from hunting only benefiting the economy further.

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  11. It won't nessessarily continue to grow because as more people begin to hunt more animals are killed and become closer to extinction, so when that happens less people will hunt because more species will become illegal to hunt and that means less people will be buying the products that are required to hunt and slowly businesses such as cabelas and Gander outdoors will run out of business.

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