Environment
Waters rise, gas prices drop and boats boom in summer 2016
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By BRIDGET BUSH
Capital News Service
LANSING — Michigan boating boomed this summer as water levels reached near-record highs, gas prices stayed low and the weather invited people to cruise, said boating experts across the state. New models helped increase boat shop traffic, said Nick Polan, executive director of the Michigan Boating Industries Association. Low interest rates made financing more feasible than in years following the 2008 recession. That spurred sales in an industry known for owners who hold onto their boats for decades, Polan said. It was “the seventh consecutive year of expansion for the state’s marine economy.”