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Out of Washington I am monitoring what is happening here in New York but is that the Javits Center is a few blocks away -- where I am right now in midtown Manhattan.
It is the big boat show and -- -- sales actually.
Up 10% in 2012.
A big chunk of the US economy a lot of jobs out there.
Wire power -- so popular.
How much -- cost little ones sitting on sixty -- thousand dollars or is it that this is some camera he's the president of the national marine manufacturers association.
We talk about the spoke with president wanna get a sense from you most are buds are sold in the United States are made in the United States it was a pretty strong industry.
It is 83% of the votes sold the United States are built in the United States and the US boating industry is -- -- exporting industry as well.
So we employ about 350000.
People -- US in the -- industry.
Wired power boat so popular -- a 10% jump in sales in and frankly the economy we -- -- well.
As a big surprise of a surprise to me why.
Well 2012 was the first significant increase in sales -- we've had in five years so I think -- -- there's some pent up demand that worked there.
As well as you know consumer -- is better than it was a year ago the housing market is starting to improve.
And people are feeling better about making a purchase like this.
What does the 65000 dollar -- there were sitting on a celebrity and this is the 2013.
See your rate to ten SL acts.
Beautiful above the basic but it's a nice -- but people can finance this like they would a -- right.
Actually you can finance a vote like just over ten or fifteen years and you get the payments down -- -- really affordable level.
And this this size it's 41 foot boat this is a very typical -- 98 7% of all the -- in the US.
Are below 26 feet in -- so it's it's really a middle class American lifestyle.
And endorsing a big jump -- that as well -- nice to see these are small business owners be most of the industry.
-- power boat.
Builders sellers etc.
these are small business owners like 97% in the US are.
Of them though manufactures the dealers the marinas all the -- is that comprising industry are small businesses.
Tell me about the boats -- before -- let you go -- it's happening here in New York it's most of the -- areas of the New York area they're going to be saying but.
You expect to see a lot of.
-- -- -- right hundreds of votes on display along with boating accessories at the -- New York boat show that Javits Center from today through Sunday.
Come on down a get a little bit of face to summer in the -- It definitely by the way it is freezing out -- -- -- -- that we give us see our president not you know.
But also really got the most expensive boats.
At the javits that I might see my head over there bus that's about this week is right going to be about a million dollars.
A million dollars -- chump change not a problem that Tom Garrett thank you very much for bringing obviously the boat for joining me today thank you -- and for braving the cold weather because it is very cold out here Melissa -- but any thing for the Fox Business viewers right ladies but we expect you to sail off into the -- -- -- there.
There are but down the street I'm not sure -- it looks like I'm -- yeah.
It is Coleman's breathing -- that's the last thing -- in the northeast lags the candidate but interesting industry report Carol thanks so much buying coming up in the next hour we.
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