Transcription of STATE OF THE U.S. RECREATIONAL BOATING INDUSTRY
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STATE OF THE U.S. RECREATIONAL BOATING INDUSTRY
STATE OF THE RECREATIONAL BOATING INDUSTRY Thom Dammrich, President, NMMA 2 EVERY SATURDAY & SUNDAY! 3 BEST OF ALL TIMES 4 WHAT S HAPPENING? 5 RETAIL SPENDING ON BOATING $ $ $ $ $ $ $ $ $ $ $ $ $ $ 2000200120022003200420052006200720082009 2010201120122013 USD (Billions) source: NMMA $37B Source: NMMA 6 BOATING PARTICIPATION 01020304050607080901000%5%10%15%20%25%30 %35%40%199019911992199319941995199619971 9981999200020012002200320042005200620072 00820092010201120122013 Millions of Boaters* Participation Rate* People 18+Participation RateSource: Foresight Research, Census Bureau *Adults 18 years of age and older 7 3 billion BOATING exposure hours More than 300 million BOATING trips in 2012 Source: USCG BOATING IS PERVASIVE 8 Source: NMMA, Foresight Research, Census Bureau AN AMERICAN INDUSTRY 95% of boats sold in the are built in the 97% of boat manufacturers and dealers are small businesses 71% of boat owners have a less than $100K HHI 9 Source: RMRC ECONOMIC VALUE OF BOATING 34,833 BOATING INDUSTRY businesses Employing 472,594 people in the in BOATING -related manufacturing, services and sales 10 Source: RMRC ECONOMIC VALUE OF BOATING Economic impa
• Economic impact of recreational boating in N.J.: $2.2B • 1,049 boating industry businesses • Employing 8,728 people in N.J. in boating-related manufacturing, services
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