As the heatwave continues to rise across the U.S. this summer, so are the numbers for recreational boating. According to an article on boatingindustry.com, a report from the NMMA shows the recreational boating industry’s impact across the United States has increased 36% since 2018, from $170B to $230B in 2023. Additionally, data from the same article states that the U.S. workforce continues to grow within the industry from 691,000 in 2018 to numbers reaching past 812,000 this year, and as far as the top states that have the largest effect are Florida, California, and Texas.
Another positive outlook on the economic state of the U.S. and the opportunity to expand comes from a recent story on tradeonlytoday.com. According to the article, data from the 2023 Special Report on Fishing from the Recreational Boating & Fishing Foundation (RBFF) shows that in 2021 19.4 million females took to the water to fish, increasing the numbers in 2022 by another 2% to 19.8 million—and in the last ten years, about 3.8 million more women are participating in the activity. The same article also states that 2022 data through a study from Southwick Associates shows that an additional $1.9 billion increase to the industry can result from a 10% increase in women participating in the fishing industry, based on the average $962 amount a female angler in the U.S. spends on the sport annually.
MarineMax yacht brokers are experienced professionals providing personal brokerage services representing buyers and sellers. We have local knowledge in every yachting region of the country, with offices in Florida, the Carolinas, Georgia, Ohio, Texas, New Jersey, New York, Maryland, Alabama, Massachusetts, Missouri, Minnesota, Rhode Island, and Connecticut. Our network of experienced and professional yacht brokers communicate in "real time" with a sophisticated system of inventory and lead management to ensure your boat is SOLD and to help you find your new boat.
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