Great Lakes Boating
I saw this article recently and thought it was worth passing on. Take note, those of you that think boating only occurs in salt water.
US Army report: recreational boating has US$9bn economic impact on Great Lakes
By IBI Magazine
A report by the US Army Corps of Engineers released last month says that boating on the Great Lakes has an annual US$9.4bn economic impact on the Midwestern region. The John Glenn Great Lakes Recreational Boating Report noted that about 911,000 boaters visit the Great Lakes annually, and support 60,000 jobs. Using US Coast Guard registration data for 2003, the report said there were almost 4.3 million recreational boats in the eight Great Lakes states. That comprised a third of all US recreational vessels.
The report estimated that boaters spend US$2.36bn per year on boating trips as well as US$1.44bn per year on boats, accessories and supplies. An average boat owner on the Great Lakes spends about US$3,600 per year on ownership, including US$1,400 on craft-related expenses and US$2,200 on boating trips. Owners of larger boats over 41ft (12m) spend as much as US$20,000 per year.
"It is estimated that boater trip spending and craft-related spending on the Great Lakes has a direct annual economic impact of approximately US$2.8bn in sales, US$1bn in personal income, US$1.6bn in value added to the local economy, and 39,000 jobs," read the report. "With secondary effects added, the economic impact of registered recreational boaters that use the Great Lakes is approximately US$5.1bn in sales, US$1.8bn in personal income and US$2.5bn in value added, totaling US$9.4bn, and 60,000 jobs."
Despite the economic impact, John Paul Woodley, assistant secretary of the army, said that boat harbours serving recreational boaters do not support "high volumes" of commercial traffic that merit higher government funds for maintenance and dredging. "Therefore, the President's budget continues to give priority to those harbours and waterway segments that support high volumes of commercial traffic and significant commercial fishing, subsistence and public transportation benefits," wrote Woodley.
(13 January 2009)
hunter Legend 37 Semper Paratus
Formerly - Tartan 34C Yawl