The National Marine Manufacturers Association (NMMA) put the annual economic value of recreational boating in the United States at $121 billion for last year. The association’s annual data attributes 964,000 jobs and 34,833 businesses to the industry which generates $40 billion in labor income and drives $83 billion in spending.
The statistics are derived from the NMMA’s annual U.S. Recreational Boating Statistical Abstract which started in 1990. For more information, visit NMMA.org.