Miami Boat Show Generates $854M Economic Impact for Florida
NMMA announced yesterday findings from a new 2017 study by Thomas J. Murray & Associates, Inc., in conjunction with the University of Florida, that showed that the Progressive® Insurance Miami International Boat Show® has an annual economic impact of $854.2 million, a 40% increase of $257.2 million since the last study was conducted in 2013. The increase reflects the success the show has seen at its new location on Virginia Key and its importance to Miami-Dade County and the State of Florida.
"Boating and the Miami Boat Show are big business for Florida, bringing visitors, sales and revenue from around the world to our state each February for the five biggest days in boating," said Larry Berryman, Miami Boat Show manager. "We are proud to be a part of the greatest boat show in the world that delivers $854 million into Florida's economy each year and supports full-time employment for approximately 6,000 of our fellow Floridians."