Shows Are Pointing to Boating Rebound
■ A drop in lending rates, down as much as three to four percentage points from a year ago, coupled with a bursting bubble of consumer demand are producing record attendance and buying at boat shows across the U.S. Show managers in Chicago, New York, San Francisco, Cleveland, Houston and Seattle report that major events, which traditionally serve as barometers for the boat business are universally upbeat.
The early major boat shows are important indicators for the boating business for two reasons,” explains National Marine Manufacturers Association President Jeff Napier. “First, they are telling us that buyers who have been postponing discretionary purchases, such as boats, now feel more comfortable to make the commitment. Second, the shows can account for as much as 30…