Tuesday, March 24, 2009

The Great Recession Sport: Fishing!

Just read this short interesting article in today's CNBC website posted by Cindy Perman. 

"As the recession forces Americans to make cutbacks in their spending, more are opting for that great recession pastime: They’re going fishin’.

Fishing: It's fun AND edible.

From the icy north to the fly-fishing streams of Texas, fishing is on the rise, Reuters reports.
New Hampshire ice fisherman Mike MacDonald told Reuters he’s not surprised — You can get a bucket of worms for $6 and that'll last you all day. Skiing, by contrast, costs $80 just for the lift ticket.

And there are stats to back it up: During the last recession, from 2001 to 2002, sales of fishing rods and reels jumped 12 percent, Reuters reported. Fishing-license sales are up, attendance at derbies is on the rise and bait and tackle shops are reporting double-digit percentage increases in sales.  (D1: Hmmm... Are Rapala sales up???)

Not only is it cheap but as a colleague points out: It’s the only sport you can eat. That should help with the grocery bill.

Yes, but what if you factor in the cost of beer?!

Extracted from CNBC. Click here to read the CNBC article (by Cindy Perman, dated March 23rd 2009)

D1's FOOD FOR THOUGHT: The simple things in life, especially those that involve bonding with friends and family, bring us fulfillment through difficult times

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