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Boat industry frets about fewer first-time buyers - USA TODAY

A rising tide lifts all boats, but some buyers are missing from the recreational marine market even with a surge in overall boat sales. "If we could convince just 2% more of the consumers, who are now dropping out, to purchase their first boat, it would make a significant difference in boat sales," Blackwell said. First-time boat buyers account for a third of all boat sales in the U. S. – but that’s down nearly 20% from 2005, according to a new study from the National Marine Manufacturers Association in Chicago. "While the recreational boating industry has recovered from the recession, each year we are seeing fewer people enter boating for the first time," said Carl Blackwell, president of the NMMA’s Grow Boating initiative. Source: www.usatoday.com