Is Hurricane Sandy going to be good or bad for the Boating industry? There are two sides to every story.
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Is Hurricane Sandy going to be good or bad for the Boating industry? There are two sides to every story.
Many boats (about 65,000), brokerages, docks, service companies were destroyed. Some commentators think Sandy will actually benefit the boating industry. Huge Insurance payouts to boat owners, boat dealerships are growing, a boon for dock builders and dock repair services is also seen.
Please see CBS.com report for part of the answer.
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CBS Evening News: Sandy Damage Good for Boating Biz:
http://www.cbsnews.com/video/watch/?id=50138300n&goback=.gmp_2061898.gde_2061898_member_201898698
Also beware of the scamsters selling damaged Sandy Boats for the unknowing buyer as they did after Hurricane Katrina. Caveat Emptor.