US recreational boating contributes $121bn to national economy (11 June 2013)

The NMMA expects sales of new powerboats to rise by five per cent in 2013

The NMMA’s 2012 Recreational Boating Statistical Abstract, released today, shows that recreational boating in the US has an annual economic value of US$121bn.

The industry supports 964,000 jobs and 34,833 businesses, generating US$40bn in annual labour income and US$83bn in annual spending.

Additional data highlights from the abstract show that retail sales of new power and sailboats increased 10.7 per cent in 2012 to 163,245, demonstrating a post-recession recovery for the industry. New powerboat sales grew by 10 per cent to 157,300 units, while sailboats grew by 29.2 per cent to 5,945 units. (, 11 June 2013)

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