SPENDING PATTERNS AND ECONOMIC IMPACTS OF MICHIGAN REGISTERED BOAT OWNERS

Michigan registered boat owners spent over one billion dollars on boating in 1981. This spending was divided between new and used boat purchases (10%), craft-related expenses (24%) and trip-related expenses (66%). Craft spending primarily accrues to boating industries, while trip spending benefits a wide range of retail sectors of the economy. The average boat owner spends $469 a year on craft-related items and about $39 per day on 33 days of boating each year. This amounts to an average of $1,787 per boat per year. The average annual spending of owners of different type of craft varies from about $1000 for small power and sail boats to over $8000 for power boats over 25 feet in length stored at a marina. These estimates are based upon a survey of expenditures of over 1,000 registered boat owners in 1981. The report details survey methods and reports spending patterns of different boater segments within 10 spending categories. Food (28%), equipment (21%), boat fuel (18%), and auto fuel (16%) make up the largest proportions of the boating budget.

  • Corporate Authors:

    Michigan State University, East Lansing

    Department of Park and Recreation Resources
    East Lansing, MI  United States  48824
  • Publication Date: 1983

Subject/Index Terms

Filing Info

  • Accession Number: 00321468
  • Record Type: Publication
  • Source Agency: Transportation Statistical Reference File, TSC
  • Files: TSR
  • Created Date: Oct 30 1984 12:00AM