Saltwater Boating Generates $3.5 Billion in Northeast
September 11, 2013
Recreational saltwater boating contributed $3.5 billion to the Northeast’s economy last year and supported the equivalent of 27,000 jobs, according to a new study on the reach of a historical but underanalyzed industry.
The findings highlight the economic power of the 374,000 recreational boaters along the region’s coast as local ocean development appears poised to accelerate. Aquaculture pens, wind farms and offshore utility lines are examples of the existing or proposed ocean uses, and boaters want a voice about such projects in waters they share.
Read more: Stamford Advocate