Miami show kicks off in new location this week

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Jonathan Sweet
February 8, 2016

After months of anticipation (and not a little controversy) the 75th annual Miami International Boat Show starts Thursday. It hasn't been an easy road to Virginia Key, where the show is relocating to the Miami Marine Stadium Park & Basin from Miami Beach. From lawsuits to permit challenges to environmental... Read more »

Economic Snapshot: Manufacturing sector contracts for fourth consecutive month

CC Credit to Jack Baldwin, The Lead South Australia.

By Brianna Liestman
February 4, 2016

Economic activity in the manufacturing sector contracted in January for the fourth consecutive month, while the overall economy grew for the 80th consecutive month. ISM manufacturing The ISM Manufacturing Index registered 48.2 percent, an increase of 0.2 percentage points from the seasonally adjusted... Read more »

Chip technology means new credit card challenges for retailers

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Jonathan Sweet
February 3, 2016

As marinas and retailers get ready to head into the summer season, it's beyond time to take notice of something that may have escaped your attention last fall. As of October 2015, EMV (Europay, Mastercard and Visa) chip cards are the new standard for credit cards. The chip makes it very difficult for... Read more »

Personal experiences drive digital brands

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By Brianna Liestman
February 1, 2016

At the International Marina and Boatyard Conference, Steve Chandler held a general session on “Branding in a Digital World.” His session focused on the differences between branding and marketing, what defines a brand and how utilizing digital media can build the brand. As Chandler noted in his presentation,... Read more »

Brunswick: Outboards, boat sales grow on strong U.S. market

The narrow mounting footprint allows for easy multi-engine setups.

Jonathan Sweet
January 28, 2016

Brunswick executives reported on a strong 2015 and expressed confidence for the future in an earnings call Thursday. (See the full earnings report here.) "I hope you can sense the excitement that the entire management team has about the outstanding performance in 2015 and continued strong outlook for... Read more »

Economic Snapshot: Double-digit gains in existing and new home sales

Photo credit to Dan Moyle

By Brianna Liestman
January 27, 2016

Existing and new home sales both posted double-digit gains this month, with solid growth year-over-year. Existing home sales Total existing-home sales climbed 14.7 percent to a seasonally adjusted rate of 5.46 million in December, up from 4.76 million in November. Sales are now 7.7 percent above the... Read more »

From the Archives: Boating the Nation’s Top Family Sport in 1958

1958 outboards

Jonathan Sweet
January 27, 2016

The 710-page(!!!) January 1959 issue features a fascinating look at the state of the boating industry in the 1950s. It's loaded with stats that shine a light on what was a booming market as Americans spent their post-war dollars on boating. Think of it as a precursor of our annual Market Data Book. To... Read more »

Sales, attendance up at Toronto boat show

Toronto

Craig Ritchie
January 25, 2016

Both boat sales and overall attendance were up at the 2016 Toronto International Boat Show, signaling a stronger boat market north of the border in spite of a tumbling Canadian dollar. Show owner and producer Canadian Boat Shows Inc. reports boat sales at the 2016 TIBS were up by 16.7 percent over the... Read more »

Marinas evolve from a point of launch to family destinations

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Brianna Liestman, Managing Editor
January 22, 2016

In order to effectively sell the boating lifestyle, marinas are increasingly turning their facilities into a hub of activity. The marina of today has evolved from a mere launch point to an all-day destination. We spoke with top marinas to discuss what areas of their business held the most potential for... Read more »

Market Trends: Pontoon segment stays strong

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Craig Ritchie, Contributing Writer
January 21, 2016

Pontoon boats drove the boating industry’s rebound in the wake of the downturn. But are they still leading the way? Since the 2008 economic downturn, pontoon boats have led the recovery of the recreational boating industry. At one point accounting for almost one in three new boats sold, the pontoon... Read more »

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