Source: Fish & Wildlife Service, NMMA An Overlooked Economic Giant An Overlooked Economic Giant Over 140 million Americans make outdoor recreation.

Slides:



Advertisements
Similar presentations
The 4 “P”s of Marketing Product, Price, Place, and Promotion
Advertisements

1.
Introduction to Advertising & TV Commercials. A Game of Numbers How many times will the average American be exposed to some form of TV advertisement by.
“It ain’t (just) what you do..” Perspectives on Social Sustainability Sara Bordoley, CSR Manager, 1 July 2014.
ENERGIA Advocacy Activities and the Rio+20 process ENERGIA Advocacy Activities and the Rio+20 process Gail Karlsson ENERGIA Senior Policy Advisor Bridging.
Economics of Outdoor Recreation in Alabama Tom Allen com.
The National Wildlife Refuges in Maryland face a $50.6 million budget shortfall Maryland is home to five national wildlife refuges, which provide habitat.
0 Economic & Market Overview US and Fairfield County March 1, 2011.
Transportation, Growth and Sustainability Economic Growth with Equity Open Classroom Stephanie Pollack April 1, 2009.
Academic Service-Learning at the University of Nebraska at Omaha.
Recreational Boating Overview Presentation to HRSP May 2010 Susan Shingledecker.
National Small Vessel Security Summit Recreational Boating Industry Views NMMA Government Relations NMMA Government Relations Cindy Squires, Esq., Regulatory.
The Facts About Rising Health Care Costs.
Over the past 5 years, park attendance has grown just 5.9% while revenues increased 12.5%. However, U.S. amusement parks generated an estimated $9.6 billion.
“As the state’s second largest economic driver, it’s a sector ripe with opportunity for business expansion, job growth, and is a driving force in our.
Harrison Marine, Inc. ( Expertise in : All repairs Watercraft Appraising Marine Investigating Marine Value Survey Dockage with amenities:
YearsReal GDP (Millions of 2005 dollars) YearsReal GDP (Millions of 2005 dollars) 19846,577, ,854, ,849, ,283, ,086, ,779,800.
Bureau of Reclamation Overview Christopher Cutler Deputy Chief Boulder Canyon Operations Office.
LAURENCE E. GOSS, PHD INSTITUTE FOR NEW HAMPSHIRE STUDIES PLYMOUTH STATE UNIVERSITY JANUARY 10, 2011 TOURISM AND THE ROOMS AND MEALS TAX.
Page 1 Walk Through the 2011 Recreational Boating Statistical Abstract Section 1 Boating Population 1.Participation Estimates Participation Study.
Travel and Tourism In Maine The 2003 Visitor Study Maine Lakes and Mountains Prepared for the: Maine Office of Tourism June 2004.
General The Great Barrier Reef is the largest coral reef in the world and was discovered by James Cook in It is more than 600,000 years old and.
Business Committee for the Arts, Inc. Bringing Business and the Arts Together The Arts Add Value to Business.
1 * 1998 figures are estimates from the the 1998 Multimedia Telecom Market Review and from IAD. Sources: Census Bureau, Statistical Abstract of the U.S.
Tourism, Recreation & Coral Reefs Elizabeth Halpenny Nature Tourism Solutions / University of Waterloo.
Study conducted for the Coalition of Alabama Waterway Associations by Troy University Center for International Business and Economic Development.
PRESENTED TO: TO BE DETERMINED PRESENTED ON: TO BE DETERMINED THE POWER OF TOURISM IN WISCONSIN PRESENTED TO: ________ PRESENTED ON: MONTH _ _, 20_ _.
2  GDP (purchasing power): $2.225 trillion  GDP (official exchange rate): $1.757 trillion  GDP - real growth rate: 6%  GDP - per capita (PPP): $15,800.
JANUARY 20, 2009 MUSEUM OF INDUSTRY. AGENDA What is Active Pictou County? The Partners Background Trends and Rationale Consultation Process Community.
Economic Update Richard Rosenthal Senior Economist & Investment Officer.
How to use this presentation: As the person who is trying to change the way work gets done in your department or organization, you need back up. Use this.
Using Foreign Languages to Enhance Career Opportunities Joachim Körner World Language Instructor.
The Economic Importance of the Chicago Harbors Marinas.
July 2012 The Economic Impact of Tourism in Clark County, Ohio.
PITCH PRESENTATION JACOB OWAKO People are aware of their own problem and can inclusively describe and develop solutions which will work for them and more.
National Wildlife Refuges in Florida face a $102.3 million budget shortfall Florida is home to spectacular natural resources, including 28 national wildlife.
Current and Future Boating Research Projects Recreational Marine Research Center Ed Mahoney Michigan State University Jim Petru NMMA.
Potential Socio-Economic Impacts of Climate Variability and Climate Change in the Great Lakes Region by George M. Albercook C E P E S Center for Environmental.
Tourism Initiatives 2007 A Traveler Cannot Choose What They Do Not Know…
There are two types of seat in the room: 35 Consumers 14 Insurers Sit one person to each seat. If you are comfortable doing a lot.
The Smart Grid: A Brief Introduction Qinran Hu Ph.D. Candidate Jun 12 th, 2014 Knoxville, Tennessee.
What is Travel and Tourism? *In 2004, the most popular activity for international tourists visiting Canada to engage in was shopping (85%), followed by.
Wild Bird Feeding It’s an even BIGGER opportunity than you thought!
Thom Dammrich State of the Recreational Boating Industry & Miami International Boat Show Update IBEX Industry Breakfast September 15, 2015.
Economic Benefits Associated with Corps of Engineers Programs Dr. Wen-Huei Chang PROSPECT COURSE - ECONOMIC ANALYSIS, March.
© 2011 Morningstar, Inc. All rights reserved. From Slow Straggle to Steady Stride: A Hesitant Recovery Assumes New Cadence Robert Johnson, CFA Director.
Chapter 1 marketing is all around us Section 1.1
Lesson L060002: The Scope and Importance of Agribusiness
THOMAS DAMMRICH PRESIDENT, NMMA VIRGINIA MARINE TRADE ASSOCIATION NOVEMBER 10, 2015.
Lake Sydney Lanier Northeast Georgia Chris McCurdy & Andrea D. Roche.
The Big Picture: Global Industry Status and Prospects: North American Perspective 2012 AMSTERDAM.
C H A P T E R 28: The Stock Market and the Economy © 2004 Prentice Hall Business PublishingPrinciples of Economics, 7/eKarl Case, Ray Fair 1 of 41 The.
The flow of goods and services in a market economy.
2000 Economic Outlook Hawaii Economic Association Annual Conference April 28, 2000.
3.01 Discuss the economic impact of tourism.
1 The Economics of Coastal Economies: A Recreational Diving Perspective Bob Holston June 6, 2007.
National Findings. Most Comprehensive Study Ever All 50 States + D.C.
Natural Resources: An economic driver Jon Spieles, Acting UP Regional Coordinator.
Artificial Reef Program A WIN for Our Ecosystem, a WIN for Our Economy!
General Facts About Agriculture in US. Farm and ranch families comprise just 2 percent of the U.S. population. More than 21 million American workers (15.
The first fuel to combat climate change. Energy efficiency www
The Ohio Clean Marinas Program Expansion
State of the U.S. Recreational Boating Industry
Industry Presentation July, 2017
Oil and Gas Industry BY: Jamal Alaqeel.
Powering into Profits According to Statistical Surveys, 2017 US boat sales totaled 273,251, a 5.6% increase from 2016, which were approximately $37 billion.
The Outdoors Is Big Business
Increase Sales with Quantum BoatSM
Increase Sales with Boat and Yacht Insurance
Riding High on the Water
Presentation transcript:

Source: Fish & Wildlife Service, NMMA

An Overlooked Economic Giant An Overlooked Economic Giant Over 140 million Americans make outdoor recreation a priority in their daily lives. Over 140 million Americans make outdoor recreation a priority in their daily lives. Americans spend $646 billion annually on outdoor recreation. Americans spend $646 billion annually on outdoor recreation. Between 2005 and 2011 the outdoor recreation economy grew approximately 5% annually– this during an economic recession when many sectors contracted. Between 2005 and 2011 the outdoor recreation economy grew approximately 5% annually– this during an economic recession when many sectors contracted. Source: Outdoor Industry Association

For every dollar spent on outdoor recreation products and gear, an estimated four dollars is spent on trips and travel Trip/Travel Spending $524.80

Almost one out of five dollars consumers spent on outdoor recreation went to boating and fishing Source: Outdoor Industry Association

Over one out of five consumer dollars spent on boating goes towards boats, engines, and accessories Over 300 million boating trips in billion boating exposure hours

Source: Statistical Surveys Inc, NMMA 2011 Abstract 185,780

Source: Statistical Surveys Inc, NMMA 2011 Abstract 115, 750

Six Priority Action Areas 1.Marketing & Communications 2.Education/Training 3.Youth 4.Diversity 5.Affordability 6.Advocacy

Exhibitors reporting returning of the buyer Exhibitors reporting returning of the buyer Boats of all sizes and price points selling Boats of all sizes and price points selling First real sign of positive sentiment among consumers since recession First real sign of positive sentiment among consumers since recession Show experience and marketing are bringing customers Show experience and marketing are bringing customers

NationalMarinaDay.org June 8, 2013

87% of current boaters boated as a child Source: NMMA 2011 Recreational Boating Statistical Abstract

Source: Recreational Marine Research Center at Michigan State University

Total households equal 15.6 million

Source: Recreational Marine Research Center at Michigan State University

E15 and negative effects of Renewable Fuel Standard E15 and negative effects of Renewable Fuel Standard Revisions to Magnuson-Stevens Act Revisions to Magnuson-Stevens Act Engaging every industry sector in boating advocacy Engaging every industry sector in boating advocacy Tri-fuel testing and propeller guard test protocols Tri-fuel testing and propeller guard test protocols 66 new species of coral under Endangered Species Act 66 new species of coral under Endangered Species Act Model Year Enforcement Model Year Enforcement

Join a Priority Action team Join a Priority Action team Ellen Ellen Put Discover Boating to work for your business Put Discover Boating to work for your business Visit GrowBoating.org Visit GrowBoating.org Help get kids on the water Help get kids on the water Be aware of the diversity opportunities Be aware of the diversity opportunities Support National Marina Day Support National Marina Day Visit NationalMarinaDay.org Visit NationalMarinaDay.org Attend ABC, May 8-9 – visit nmma.org/abc Attend ABC, May 8-9 – visit nmma.org/abc