Outdoor recreation, called “nature tourism” by economists, has provided a reliable, socially distanced outlet for Texans navigating a locked-down world and proved once again that open space is a valuable asset for state and local economies.
In the recently released May edition of Fiscal Notes, the Comptroller’s office examines the economic impact of nature tourism and the millions in government revenue for vital programs it provides.
“Outdoor recreation is a big business in Texas,” Texas Comptroller Glenn Hegar said. “In 2019, this tourism and all the supporting activities it requires generated $35.9 billion for Texas’ economy. That includes the traditional Texas mainstays of hunting and fishing as well as activities such as boating, mountain biking, nature walks in our parks and trail riding.”
In this issue, we also look at state and federal programs designed to help Texas veterans make the transition to civilian life. While changing careers can be overwhelming for anyone, it’s especially disruptive for veterans who are making the transition to civilian employment, which typically doesn’t resemble the highly structured culture that permeates all facets of military life.
“Many veterans make their homes here after their service ends, and vets accounted for nearly 7 percent of the state’s adult population in 2019,” Hegar said. “It’s critical we identify and support programs that give veterans the training, job opportunities and know-how to start businesses and thrive as they transition to civilian life.”
Fiscal Notes furthers the Comptroller’s constitutional responsibility to monitor the state’s economy and estimate state government revenues.
It has been published since 1975, featuring in-depth analysis concerning state finances and original research by subject-matter experts in the Comptroller’s office.
For questions about how our agency functions are continuing during the outbreak, visit our COVID-19 News page or our Virtual Field Office. Fiscal Notes is available online and can be received by subscribing via the Comptroller’s website at comptroller.texas.gov.
