680 likes | 868 Views
Current and Future Boating Research Projects Recreational Marine Research Center Ed Mahoney Michigan State University Jim Petru NMMA. NMBA’s Annual Survey. REMINDERS Completed or You Tell Us You Won’t Do it!. NMBA Annual Survey Respondents. Where in the World is Jim Coburn?.
E N D
Current and Future Boating Research Projects Recreational Marine Research Center Ed Mahoney Michigan State University Jim Petru NMMA
REMINDERS Completed or You Tell Us You Won’t Do it!
NMBA Annual Survey Respondents Where in the World is Jim Coburn?
Marine Finance & Research • Greater participation in NMBA’s Annual Survey • Redesign & Complete the MBLO Finance Quarterly Survey • Develop a Quarterly Marine Loan Monitoring System and Index • Cost of boating index • Research on Marine Loan Customers
Would you support or oppose a requirement that adult boaters wear life jackets while underway in all boats?
Please, indicate why you would support or oppose a requirement that adult boaters wear life jackets while underway in all boats
Economic Impacts of Tower Marine of the Local Community Ed Mahoney and Dan Stynes Recreation Marine Research Center Michigan State University Funding provided by the Great lakes Commission, & MBIA
Number of Boats and Boat Days at Tower Marina Note: Tower Marina, located in Saugatuck, Michigan, had 395 occupied slips during the summer of 2004. • 395 boats in slips • Boat days from a 04’ survey of 6,000+ boaters • 15,000 boating days
Average Annual Craft Expenses for Boats Kept at Tower Marina Note: These are the average slip rates for different size boats charged by Tower Marin in 04’ • Average craft spending profiles from a 04’ survey of 6,000 boaters
Total Trip Spending for Boats Kept at Tower Marina ($ Thousands) • Average trip spending profiles from a 04’ survey of 7,000 boat trips. • Boaters at Tower Marine spent $2.854 million on trips.
Total Craft Expenses for Boats Kept at Tower Marina ($ Thousands) • Boaters at Tower Marine spend $2.85 million on craft spending in 04’
Summary of Boating Activity and Spending for Boats Kept at Tower Marina • Boaters at Tower Marine spend a total of $5.709 million on trips and craft spending in 04’.
Local Economic Impacts of Trip Spendingfor Boats Kept at Tower Marina Note: Economic Impacts are on the Allegan County, MI economy. • The direct and secondary (multiplier) effects of trip spending by boaters at Tower Marine on the County are 46 jobs, 829,000 in personal income and 954,000 in profits and rents (value added).
Local Economic Impacts of Craft Expensesfor Boats Kept at Tower Marina Note: Economic Impacts are on the Allegan County, MI economy. • The direct and secondary (multiplier) effects of craft related spending by boaters at Tower Marine on the County are 56 jobs, 1.1 million in personal income and $1.958 million in profits and rents (value added).
Total Local Economic Impacts of Craft Expenses for Boats Kept at Tower Marina • The direct and secondary (multiplier) effects of all spending by boaters at Tower Marine on the County are 102 jobs, 1.941 million in personal income and $2.912 million in profits and rents (value added).
The Economic Impacts of Boating in Great Lakes States - Summer 04’
Total Trip Spending of Registered Watercraft in Gt. Lakes States ($ millions)
Total Trip Spending of Registered Watercraft in Gt. Lakes States ($ millions)