NMMA: Recreational marine spending topped $36 billion in 2016

The NMMA said the data show that total recreational marine expenditures reached a high of $36 billion in 2016.

The NMMA said the seventh section of its 2016 U.S. Recreational Boating Statistical Abstract — Industry Sales by Category and State 2004-2016 — is available.

The section can be found on NMMA.org.

The National Marine Manufacturers Association said the data show that total recreational marine expenditures reached a high of $36 billion in 2016, up 3.2 percent from 2015.

Spending on new boats accounted for $9 billion of the total and was up 7.6 percent from 2015; spending on pre-owned boats was estimated at $9.2 billion in 2016, up 2 percent from 2015, the NMMA said.

Information on expenditures by state, type of boat and more is available in the complete report.

The NMMA said it is releasing each section of the abstract as statistics become available to make the critical industry data more timely and valuable.

The final remaining section of the 2016 abstract — Boat Registrations — is expected to be released later this month, followed by the release of the complete abstract in August, the NMMA said.

Members receive unlimited complimentary access to the digital versions; the reports are also available for purchase by non-NMMA members.

For NMMA members, print editions of the full report can be pre-ordered for $225. Non-members can pre-order the entire digital edition of the abstract for $3,999.


A Record Q2 for Brunswick

With strong global demand in all its business segments, Brunswick Corp. reported another stellar quarter, posting a 57 percent jump in net sales.

OneWater Adds PartsVu

The online marketplace for marine parts, accessories and electronics posted $25 million in sales over the last year.

Groupe Beneteau Updates Revenue Forecasts, More

The builder saw gains in its boat and luxury-home sectors and made several acquisitions, including a majority stake in Dream Yacht Group.

Golden Manufacturing Expands

The fabricator of aluminum boat lifts and aluminum and concrete floating docks adds 18,000 square feet to its Fort Myers, Fla., headquarters.

GetMyBoat Takes You to the Movies

The boat rental marketplace site teams with Disney’s Jungle Cruise for a contest to win a boat trip or movie tickets.

ConMar Adds to Sales Team

The manufacturers’ representatives add industry vet Brain Steele.

Will Canada Reopen to Boaters?

Set to open its borders to fully vaccinated U.S. residents next month, our neighbor to the north could be facing a strike by Canadian border guards and customs officials. Plus, the Great Lakes welcomes a newly designated marine sanctuary.