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.