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Recreation, Sportfishing &the Economy

TRCP Media Summit

October 19, 2011

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Who is

Southwick Associates?

We help people understand the economicissues and trends related to fish and wildlife

Based in Florida, raised on saltwater fishing

we understand the issues!

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Recreation in the U.S.

Which of the following U.S.industries contribute the most

to the economy?

Restaurants

Lawyers/legal

services

Outdoor

recreation

= $498 billion

= $268 billion

= $930 billion

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Outdoor RecreationStimulates

$289 billion in retail saleso If it was a company, recreation would

be ranked #3 on the Fortune 500

Over 6.4 million jobso 3.5 times more employees

than Wal-Mart

$87.9 billion in state & federaltax revenueso Ten times more than Americans spend

at the movies

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Which Industry Providesthe Greatest Economic

Impact?

Motion Pictures and Video

Railroads

Sportfishing Universities, Colleges, Tech schools

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Which Industry Providesthe Greatest Economic

Impact?

Sportfishing

Universities, Colleges, Tech schools

Motion Pictures and Video

Railroads

= $125 billion= $121 billion

= $ 81 billion

= $ 67 billion

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Marine Fishing!

$30 billion in economicactivity, generated by:

$11 billion in retail saleso More than Federal Express or

American Express

263,898 Jobso Equivalent to Ford or GM

Over $4 billion in stateand federal taxeso Greater than the total tax

revenues for 11 states

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What are the Top Three

States for Saltwater Fishing?

California

Florida

New Jersey

New York

Texas

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What are the Top Three

States for Saltwater Fishing?

Florida = 23.1 million days

Texas = 15.1 million days

California = 7.6 million days

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Lets Look at Florida Provides 27% of U.S.

saltwater fishing activity.o 93% of FLs fishing is in

state waters.

Since 2000:oMarine license sales

held steady

o Fish abundance is

increasingo FLs population

increased from 16.0million to 18.8 million

(18%)

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What does SaltwaterFishing Mean to Florida?

$5.7 billion in economic activity:

$3.3 billion in retail saleso Twelve times more that the value of

Floridas citrus cop

54,500 jobso Enough to employ half of

Gainesville, FL

$345 million in state & local taxrevenueso 37% more than the collection from

all Florida toll roads

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Fish=Anglers=Dollars=Jobs