Boating expenditures in Michigan exceed $1 billion in 2018

Author:
Publish date:
MichiganBoatStats

Retail expenditures for new boat, motor, trailer, and accessory purchases in Michigan exceeded $1 billion in 2018, an increase of almost 11 percent over 2017 and the ninth consecutive year of growth in the state.

That’s according to the Michigan Boating Industry Association, citing new data from the National Marine Manufacturers Association.

“We’re the third largest marine market in the U.S. and that is very impressive since we’re a four-season state,” said MBIA executive director Nicki Polan in a statement.

Michigan has nearly one million boats registered, and another 600,000 legally non-registered paddle craft, also ranking No. 3 in the country for registrations.

The group is touting the growth in advance of its Metro Boat Show, slated for Sept. 12-15 at the Lake St. Clair Metropark in Harrison Township. The show is celebrating its tenth year of being produced by the MBIA.

“The Metro Boat Show has grown each year for the past 10 years,” said Polan. “We started producing this show because our members knew it could be a great success, and with their contribution and the support of the boating community, it’s grown into the largest in-water boat show in the Midwest.”

Related

STAR BRITE DEBUTS NEW MARINE DESCALING FLUID

Star brite introduces Marine Descaling Fluid—a powerful, easy way to descale raw water-cooled systems using recirculation. It saves time, energy, and a lot of headache, allowing for a faster, cost-effective return-to-service for equipment.

NAW Elects 2021 Officers

Michael Medart of Medart Engine and Marine takes the helm as chairman of the National Association of Wholesaler-Distributors board.

Caterpillar Names Global Manager

Alex Berg will lead the manufacturer’s pleasure craft and yachting segment.

Nearly 320K Boats Sold in 2020

NMMA says new-boat sales are at their highest level in 12 years, with all powerboat segments up 8 to 22 percent.

‘Injection of Capital’ for Cox Powertrain

The British company said it will use the $16.7 million to expand operations and ramp up production of its CXO300 diesel outboard.

Groupe Beneteau Releases Preliminary 2020 Financials

Revenues were down 15.1 percent for the 16-month period that ended Dec. 31. A full report is due next month.

A Modern Twist on Word of Mouth

The supercharged power of user-generated content.