The gross national sports product reached $47.2...
The gross national sports product reached $47.2 billion in 1986, according to research compiled and announced by Sports, Inc., a new weekly sports business magazine, and Wharton Econometric Forecasting Associates.
The figure represents a 7% increase over the $44.1-billion GNSP calculated for 1985 and is 1% of the total GNP, which was $4.25 trillion in 1986.
The sports GNP ranks 25th in the GNP calculations, just below autos. Next on the list is the $40.5 billion social services industry, followed by the $38.9 billion spent in petroleum and coal products.
Get our high school sports newsletter
Prep Rally is devoted to the SoCal high school sports experience, bringing you scores, stories and a behind-the-scenes look at what makes prep sports so popular.
You may occasionally receive promotional content from the Los Angeles Times.
