NMMA to Brief House on Impact of Boating on the US Economy

MaritimeProfessional.com
Tuesday, July 23, 2013

On July 24, 2013, Thomas J. Dammrich, President of the National Marine Manufacturers Association, (NMMA) will discuss the state of the U.S. recreational boating industry from 2 to 3 p.m. in Room 1310 of the Longworth House Office Building.

This informative session will prepare Representatives to discuss the economy and jobs 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 boat building 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.

The NMMA’s complete economic value report on the U.S. and by state, and congressional districts within each state <http://www.nmma.org/statistics/centerofknowledge/researchlibrary.aspx> , can be found within the Statistics section’s Research Library on NMMA.org <http://NMMA.org> .

About NMMA:
National Marine Manufacturers Association (NMMA) is the leading association representing the recreational boating industry in North America. NMMA member companies produce more than 80 percent of the boats, engines, trailers, accessories and gear used by boaters and anglers throughout the U.S. and Canada. The association is dedicated to industry growth through programs in public policy advocacy, market statistics and research, product quality assurance and promotion of the boating lifestyle.
 

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