Retail sales for boating rose 4 percent in 2018, according to the National Marine Manufacturers Association (NMMA). That number, about 280,000 units, is the highest since 2007 — and the association believes the number will continue to rise in 2019.
The boating industry accounted for more than $170 billion of the U.S. economy, up almost $50 billion since 2012.
“The recreational boating industry has been on a seven-year climb that’s expected to continue into 2019, bringing even more people to the water,” says Thom Dammrich, president of NMMA. “Driving these sales is a combination of the economic growth we’ve seen over the past decade, particularly with consumer confidence hovering near all-time highs and consumers seeking out boating as a way to spend quality time with family and friends outdoors.”
For more information, visit nmma.org/statistics/article/22428.
