Date of Publication: 01/01/2014
“The Return on Investment in Parks and Open Space in Massachusetts” was authored by the Trust for Public Land and funded by over 25 conservation organizations.
Highlights from the report:
- For every $1 invested in land conservation, $4 in natural goods and services is returned to the Massachusetts economy.
- Visitors to Massachusetts spend an estimated $16.9 billion each year and generate $1.1 billion in state and local taxes. The total economic impact of this travel is $26.9 billion. Tourism supports nearly 125,000 jobs, which provides $3.63 billion in wages per year.
- Outdoor recreation generates $10 billion in consumer spending, $739 million in state and local tax revenue, 90,000 jobs, and $3.5 billion in wages and salaries each year in the state.
- Agriculture, forestry, commercial fishing, and related processing activity are responsible for $13 billion in output, and 147,000 jobs in Massachusetts.
Attachments: benefits-ma-roi-summary.pdf benefitsma_roi_report.pdf