SALT LAKE CITY, Utah, Aug. 2, 2016 (Gephardt Daily) — An estimated 29,000 outdoor industry manufacturers, retailers and suppliers will be convening at the Salt Palace Convention Center for the Outdoor Retailer Summer Market this week.
The Summer Market, which runs Wednesday through Saturday at the Convention Center at 100 S. West Temple, generates more than $25 million in direct delegate spending to Salt Lake and the state of Utah.
A news release from the Outdoor Retailer organization said over the course of its 20 years in Salt Lake, the biannual show, Outdoor Retailer Summer and Winter Markets, has generated more than $565 million in direct delegate spending.
“After 20 years, the excitement and enthusiasm in welcoming back OR to Salt Lake and the Salt Palace Convention Center are greater than ever,” said Salt Lake County Mayor Ben McAdams in a prepared statement.
“The show’s presence highlights the important economic impact of the recreation industry to our county and the entire state of Utah.”
The outdoor recreation economy is responsible for 6.1 million direct American jobs and $646 billion in direct consumer spending, $39.9 billion in federal tax revenue and $39.7 billion in state/local tax revenue, according to the Outdoor Industry Association Recreation Economy Report.
In Utah, the outdoor recreation economy is responsible for 122,400 jobs, $12 billion in consumer spending, 856 million in state and local tax revenue, according to the report.
Total visitor spending figures are based on surveys of convention delegates conducted by the University of Utah’s Bureau of Economic and Business Research (BEBR). Surveys conducted by BEBR over the last five years indicate the average delegate spends $933 while attending a convention in Salt Lake.
The 2016 Outdoor Retailer Summer Market is a business-to-business event and closed to the public.
For more about the Outdoor Retailer Summer Market click here.