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Boating is Big Business in Florida
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Florida's marine industry represents a total economic output of over $18.4 billion.
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Florida's recreational boating industry economic impact is greater than the citrus and cruise ship industries combined.
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Florida's marine industry represents related employment estimated at over 220,000 jobs.
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Florida is now the #1 state for boat registrations in the United States
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Year-round enjoyment of our lakes, bays and waterways makes Florida one of the most exciting and vibrant states in the country. This unique environment is home to an 18.4 billion dollar marine industry that includes marinas, boatyards and builders, yacht and charter brokers and marine services of unlimited variety. Over 1900 of these marine businesses are members of the Marine Industries Association of Florida.
As a not-for-profit marine trade association, the Marine Industries Association of Florida (MIAF) is dedicated to the enhancement of family recreational boating and access to the waterways in Florida. For up-to-date information on every aspect of boating in Florida, including boat sales and service, financing, special events, fishing, sailing, diving and much more call MIAF at 850-425-8445.
Marine Industries Association of Florida, Inc.
6526 S. Kanner Highway #338
Stuart, FL 34997
Phone: 850-425-8445
Fax: 772-781-4240
e-mail: miafoperations@boatflorirda.org
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18.4 billion dollars.
Florida's marine industry represents a total economic output more than the citrus and cruise ship industries combined.
Over 220,000 jobs.
The employment impact of recreational boating adds up to more purchasing dollars and savings dollars, keeping the Florida economy robust.
24.8% annual growth rate.
Florida's marine industry has an outstanding average growth rate of 24.8% annually over the last 25 years.
Total Output Florida 2005
| Sector |
Total Output |
| Manufacturing....... |
$ 2,951,096,717 |
| Wholesale Trade... |
$ 3,134,906,150 |
| Retail Trade.......... |
$ 6,826,814,922 |
| Dockage............... |
$ 2,213,769,916 |
| Marine Services.... |
$ 3,320,812,466 |
| Total.................... |
$18,447,400,171 |
*Based on 10.5 billion in direct output, 7.9 billion indirect output.
Employment Impact of Recreational Boating
| Sector |
Total Jobs |
| Manufacturing............. |
99,400 |
| Marinas & Boatyards... |
29,300 |
| Marine Trade.............. |
90,200 |
| Marine Services.......... |
1,800 |
| Total.......................... |
220,700 |
Gross Marine Retail Sales 1996-2005
| Fiscal Year |
Gross Receipts |
| 1995/96 ................. |
2,993,554,000 |
| 1996/97 ................. |
3,434,821,000 |
| 1997/98 ................. |
4,024,659,000 |
| 1998/99 ................. |
4,417,948,000 |
| 1999/00 ................. |
4,905,062,000 |
| 2000/01 ................. |
4,988,970,000 |
| 2001/02 ................. |
4,977,133,000 |
| 2002/03 ................. |
5,077,760,000 |
| 2003/04 ................. |
5,583,016,000 |
| 2004/05 ................. |
5,996,265,000 |
| % Change 2001-2005 .............. |
20% |
| % Annual Change 2001-2005 ... |
4% |
Footnote: The Marine Industries Association of Florida engaged Thomas J. Murray, Virginia Institute of Marine Science, Gloucester Point, Virginia to prepare an economic analysis of the recreational marine industry in Florida in order to create a consolidated source of information to be utilized as a platform for advocacy in the financial and legislative areas.
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