FLIBS Economic Impact Breaks Records
Published on February 3, 2022
The Marine Industries Association of South Florida (MIASF), owners of the Fort Lauderdale International Boat Show (FLIBS), together with their partner, Informa Markets, producers of FLIBS, announce the record-breaking results of an economic impact study conducted by Thomas J. Murray & Associates of the 2021 show.
The study, completed in February 2022, reveals that the 62nd Annual Fort Lauderdale International Boat Show, the largest in-water boat show in the world, contributed $1.79 billion to Florida’s economy. The study also revealed the $899 million in direct sales over the 5 days of the show ($179.8 million per day) generated $85.4 million in sales tax benefit to the state of Florida with $24.5 million going to Broward County alone.
FLIBS economic impact highlights include:
- $1.79 billion in economic output throughout the state of Florida through show purchases and expenditures.
- $709.7 million in estimated sales by Florida companies during the show, with $513.9 million made by Tri-County companies, and $233.9 million by Broward County companies.
- $85.8 million in state and local taxes generated within Florida, with $24.5 million in Broward County alone.
- $580.4 million in statewide personal income and economic activity.
- 100,000+ show visitors, with 49% of visitors from outside Florida.
- $241 per day average spend by out-of-town visitors (hotels, restaurants, retail, and local transportation).
- $47.3 million in estimated total expenditures by non-local visitors and exhibitors.
The full economic impact report can be found by visiting www.miasf.org.
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