Recessions and Boating

How Does a Recession Impact Boating? A recession can have both direct and indirect impacts on the boating industry. Here are some ways in which a recession can affect boating: Reduced Disposable Income: During a recession, people often experience financial strain due to job losses, reduced work hours, or decreased incomes. This can result in … Read more

Feeling the Recession

Well, it seems the economy is having an impact on boating. Unstable economies aren’t a good thing and a lot of us are feeling that. Here are some ways boating is being impacted: Reduced demand for boats: During an economic downturn, people may be less willing to spend money on luxury items like boats, resulting … Read more