Thursday, March 27, 2008

Boaters not letting economy dock them

Business Week took a look at how the economy is affecting the marine industry in an article they ran today. The story, written by Ashley M. Heher, looks at the cold, hard facts that there are a lot less boats selling today than there were a few years ago.

It's no surprise, as I mentioned here last July, that there are a lot less boats being purchased due to the economy.

However, the anecdotal quotes from existing boat owners in Ashley M. Heher's article suggest that higher gas prices aren't going to keep boaters from boating. When you have twin 75-gallon gas tanks, does it really matter if gas is $2.25 or $4.25 per gallon? Either way, it's a lot of frigging gas to buy.