As fitness industry leaders advocate for the passage of bills like the PHIT Act, new data shows the industry’s growing importance in America
The health and fitness industry has a robust $22.4 billion economic impact on the U.S. economy, according to new data released by the Health & Fitness Association summarizing the cumulative effect of 55,294 U.S. health club and studio locations. The data was presented this week during the association’s Fly-In and Advocacy Summit in Washington, D.C.
“When I was hired by the board almost three years ago, one of my goals was to be able to share real numbers about the value our industry creates in this country,” said Health & Fitness Association president and CEO Liz Clark. “This data makes that goal a reality.”
The health club and studios contributed 432,942 direct jobs in the U.S., $10.7 billion in direct wages, $5.29 billion in federal taxes and $5.35 billion in state and local taxes, according to data compiled by John Dunham and Associates for the Health & Fitness Association (formerly known as IHRSA). Suppliers contributed 60,625 U.S. jobs and $4 billion in wages.
The data collected on the health and fitness industry doesn’t include not-for-profit organizations like YMCAs, so the industry’s full impact on the American economy may be even larger.
Additional data collected for the upcoming 2024 U.S. Health and Fitness Consumer Report shows that the U.S. has more than 72 million health club and studio members and a…