You may not be watching it on television, but you are participating. A report by the US Army Corps of Engineers released last month says that boating on the Great Lakes has an annual US$9.4bn economic impact on the Midwestern region. The John Glenn Great Lakes Recreational Boating Report noted that about 911,000 boaters visit the Great Lakes annually, and support 60,000 jobs. Using US Coast Guard registration data for 2003, the report said there were almost 4.3 million recreational boats in the eight Great Lakes states. That comprised a third of all US recreational vessels.
The report estimated that boaters spend US$2.36bn per year on boating trips as well as US$1.44bn per year on boats, accessories and supplies. An average boat owner on the Great Lakes spends about US$3,600 per year on ownership, including US$1,400 on craft-related expenses and US$2,200 on boating trips. Owners of larger boats over 41ft (12m) spend as much as US$20,000 per year. Thanks to IBI News and click here to read all of it.