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2020 Canadian Boating Statistical Abstract now available

Industry News, News | November 17, 2021 | By:

The 2020 Canadian Economic Factoids report is now available as a part of the National Marine Manufacturers Association’s 2020 Canadian Boating Statistical Abstract. This report looks at Canadian economic indicators from 2007-2020 and identifies trends impacting the retail markets.

Gross domestic product (GDP), disposable income, industry capacity utilization, manufacturing capacity utilization and unemployment rate are a few of the economic indicators discussed in the report.

Key insights from the report include:

  • Real GDP shrank 5.3% in 2020.
  • Disposable income was up 10.3% in 2020.
  • Manufacturing capacity utilization decreased 6.3% as compared to 2019.

The full edition (digital and printed) of the 2020 Canadian Boating Statistical Abstract will be available in December. For more information, click here.

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