Boat Sales Skyrocket as Baby Boomers Increase Leisure Activity

The number of baby boomers nearing retirement has increased, and as they are spending more time on leisure pursuits, the number of boat sales has skyrocketed, resulting in a significant and positive impact on the boating industry.

The baby boomer generation, comprised of approximately 80 million North Americans born between the years of 1946 and 1964, represent a sizable portion of the consuming public, and their spending habits and lifestyle, have by sheer numbers, had a powerful influence on the economy. A big retirement spike is expected in the next couple of years as the first wave of the baby boomer generation start retiring. They will have both the time and the money to spend on hobbies, recreation, and all types of leisure activities including boating.

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