The state of Florida is expected to be more resilient than most if and when a national recession strikes the economy, a University of Central Florida economists says. That resilience is largely due to the influx of rich people from other states.
As Americans prioritize outside activities, mental health and time with family and friends post-pandemic, it should be no surprise that recreational boating is on the rise.
NMMA recently announced new data which found the annual economic impact of recreational boating increased 36%, from $170B in 2018 to $230B in 2023. The