In 2023, the US recreational activities sector had a baseline of self-employed individuals. Forecasted data from 2024 to 2028 shows a steady increase in jobs, starting at 477 thousand in 2024 and reaching 493 thousand by 2028. This translates to an average year-on-year growth of approximately 0.84%. The anticipated compound annual growth rate (CAGR) over this five-year period is about 0.84%, indicating modest but consistent growth.
Future trends to watch for:
- The growing popularity of wellness and outdoor recreational activities.
- The impact of digital platforms facilitating freelance work in recreational activities.
- Shifts in consumer behavior post-pandemic, emphasizing health and leisure.