An Analysis of Recreation Expenditures by U.S. Consumers, 1939-1988

Abstract

This empirical study examines the increases in average recreation expenditures during the period 1939 to 1988 to determine if consumers are spending more "real" dollars, of their personal consumption expenditures, on recreation. The analysis seeks to examine the reasons for these increases, and reviews trends in the twelve classifications of recreation. Finally, a validated recreation expenditures model is used to project future recreation expenditures.