National Marine Manufacturers Association president Thom Dammrich will discuss the economic impact of the U.S. recreational boating industry in a briefing he’s giving Wednesday in Washington, D.C.
The informative session will prepare lawmakers to discuss the economy and job outlook with constituents, armed with the latest data on the demographics and economic impact of recreational boating as they return to their districts for the height of the summer boating season.
Despite fundamental challenges to the U.S. economy over the past several years, recreational boatbuilding remains a largely American enterprise, providing high-paying jobs to highly skilled employees throughout the nation. The recreational boating industry generated an estimated $121 billion in value in 2012. The industry's rising tide supports 964,000 American jobs and 34,833 businesses, generates $40 billion in annual labor income and drives $83 billion in annual spending.
Dammrich will speak to members of the House of Representatives between 2 and 3 p.m. in Room 1310 of the Longworth House Office Building.
The NMMA’s complete economic value report on the U.S. and by state, and congressional districts within each state, can be found within the Statistics section’s Research Library on NMMA.org.