Surfboard Industry Sags
Photo: Channel Islands Surfboards
Industry upheaval in the aftermath of the Clark Foam shut down, increased costs for petroleum, pop outs from Asia, and the sagging economy have hit the surfboard industry driving some out of business.
In 2006 U.S. retail surfboard sales reached $190.4 million. If the average board retails at $600 - that represents over 300,000 surfboards sold. Some suggest that number may drop 30% in 2008.
Read the LA Times story
When is the last time you bought a surfboard?