April 5, 2023 MarketGauge Weekly Market Outlook By Keith Schneider and Donn Goodman Whether you look at the markets as a chart reader or a fundamental investor, March was a roller coaster of price action and emotion. There’s good reason to believe that April will pick up where March left off. The first half of […]
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Recreational Boating Maintains Momentum Heading into 2023 Recreational Boating Maintains Momentum Heading into 2023 as Americans Continue Prioritizing Outdoor Recreation in Record Numbers according to the National Marine Manufacturers Association (NMMA) 2023 – The start of a new year brings the beginning of boat show season for the $170 billion U.S. recreational boating industry and […]
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The start of a new year brings the beginning of boat show season for the $170 billion U.S. recreational boating industry and the National Marine Manufacturers Association (NMMA), which represents 85 percent of the country’s recreational boat, marine engine and accessory manufacturers. The recreational boating industry is preparing to welcome an estimated two million Americans to dozens […]
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Massachusetts became the 18th state to establish an Office of Outdoor Recreation – drawing praise from Outdoor Recreation Roundtable (ORR) and bolstering the ability of the nation’s $862 billion outdoor recreation economy to grow even more. Massachusetts’ Lieutenant Governor Karyn Polito welcomed an enthusiastic audience full of recreation and conservation advocates to celebrate the new […]
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The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) has released economic data for 2021 showing the outdoor recreation industry’s impact on the U.S. economy. Outdoor recreation generates $862 billion in economic output and 4.5 million jobs. This is the fifth consecutive year that BEA has released government data on this industry sector. Key highlights from […]
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Image via University of British Columbia’s Institute for the Oceans and Fisheries. A University of British Columbia study concludes that ocean waters contributed nearly $5 billion to the provincial gross domestic product in 2015, and that the sum is likely an underestimate, as it included only sectors most closely linked to the ocean. But the […]
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