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Recreation boat sales sputtering nationally: Industry official cites correlation to home prices.
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South Florida Sun-Sentinel (Fort Lauderdale, FL)
- Article date:
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February 17, 2007
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Copyright informationCOPYRIGHT 2007 South Florida Sun-Sentinal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Joseph Mann
Feb. 17--Sales of recreational boats nationwide declined in 2006 and are expected to be down again or flat for 2007, according to Thom Dammrich, head of the country's largest association of boat and marine equipment makers. The recreational marine industry plays a key role in South Florida's economy. It generates tens of thousands of direct and indirect jobs and has a total economic impact of about $14 billion annually in the tri-county area. Florida tops all other states in boat ownership, with 973,859 registered boats. Speaking to media representatives at the Miami International Boat Show, Dammrich, president of the National Marine ...
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