Report details boating’s impact in Rhode Island

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The economic impact of Rhode Island’s recreational boating industry was $220 million, according to preliminary results from the 2012 Northeast Recreational Boater Survey sponsored by SeaPlan, an independent non-profit ocean science and policy group.

The Warwick Beacon said the report was one of three developments — a symposium and the release of two surveys — that occurred between early April and May. The 2013 Southern New England Recreational Fishing Symposium in Warwick was hosted in April by the Rhode Island Saltwater Anglers Association in conjunction with the URI Coastal Institute, followed by a new for-hire — charter and party boat — economic impact study by the National Oceanic and Atmospheric Administration’s regional research center.

NOAA’s estimate on the annual economic impact of recreational fishing in Rhode Island totaled $179 million. In the Northeast, the impact of the for-hire industry was estimated at $334 million, and preliminary data from the 2012 Northeast Recreational Boater Survey indicated that the economic impact of recreational boating could be as high as $220 million in Rhode Island, according to The Warwick Beacon.

The data show that it is in the best interest of Rhode Islanders to advocate for the marine industry, recreational fishing, the environment and fish that live in the waters because they have a significant impact on residents, the post concluded.

Click here for the full report.

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Comments

2 comments on “Report details boating’s impact in Rhode Island

  1. J Hedley

    While advocacy is nice it is totally unnecessary to throw more tax dollars at subsidizing this sector. At $220 million it represents less than one half of one percent of the state’s GDP (.45 to be exact). That’s a pretty low number considering the significant weight it carries in the mindset of the kids minding the store.

  2. gregory scott

    I live and work in Canada. I have raced out of Rhode Island for years and see the value of the marine economy. The advocacy and advancement of this type of information is paramount. Unlike almost all other sectors, physical geography is essential. Once it has been lost, you will never get a marine economy back. Florida found that as they lost big pieces of their marine economy, they also lost big sections of other economies that were based on the marine conponent; such as Real Estate. Once the sales and service was gone and docks weren’t available, people who based the marine aspect on their purchase became less likely to buy. Nothing is a vaccum. Stay on this or your entire state will suffer.

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