Saltwater Boating Brings Billions to Northeast
BOSTON (AP) — Recreational saltwater boating contributed $3.5 billion to the Northeast’s economy last year and supported the equivalent of 27,000 jobs. That’s according to a new study on the reach of a historical but under analyzed industry.
The findings highlight the economic power of the 374,000 recreational boaters along the region’s coast. It comes as ocean development appears poised to accelerate because of offshore winds farms, among other things. Boaters want a say about such projects in waters they share.
Industry advocates say the survey indicates that boating spurs jobs and economic development and that can only increase its influence among policymakers.
The survey included about 12,000 randomly selected boaters. It was conducted between May and October 2012 by a public private partnership.