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How to mess up a business without breaking a sweat


No matter their strengths, businesses, like people, are always at risk. Some dangers are so blatant they dare being ignored. But others, far less obvious, cause untold—and even fatal—damage, eating away and undermining a company’s best efforts. Their work is insidious and relentless, going unnoticed until it’s too late. And it all happens without anyone breaking a sweat. Even so, ...

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Economic Snapshot: Job openings increase to record high


The number of job openings increased to 5.9 million on the last business day in July and the job openings rate was 3.9 percent, the U.S. Bureau of Labor Statistics reported. Job openings are up 1 percent year over year and are now above the previous record high set in April 2016. Hires were little changed at 5.2 million and ...

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Weekly 5: Bill Yeargin on Manufacturing Day


The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. Bill Yeargin on Manufacturing Day October 7 will be Manufacturing Day and Bill Yeargin, Correct Craft president and CEO, is urging those in the industry to participate, as ...

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From the archives: Warm up your winter sales

russo makeover

With Labor Day on the near horizon, we're heading into the slower sales season for most boat dealers, as attention turns from boat sales to service, storage and maintenance. But just because it gets cooler and the days are getting shorter doesn't mean you can't still find some new ways to drive revenue. The smartest dealers know there's money to ...

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Economic Snapshot: Consumer confidence at 11-month high


Consumer confidence, which had decreased slightly in July, increased in August by almost five points – from 96.7 to 101.1. This is the index’s highest reading since September 2015. The Present Situation Index jumped from 118.8 to 123.0 and the Expectations Index rose from 82.0 to 86.4. Consumers stating business conditions are “good” increased from 27.3 percent to 30.0 percent, ...

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Premier Marine introduces new and updated products for 2017

Photo Aug 29, 9 25 24 AM (1)

Premier Marine, Inc. is holding its annual dealer meeting in Wyoming and Forest Lake, Minn., Aug. 29 to Sept. 1., where the company has unveiled its 2017 models. The meeting is smaller in scale than the 2016 dealer meeting, where Premier introduced five new models and several innovations. Dealers will have a chance to learn about the new models, test ...

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Economic Snapshot: New home sales climb, existing sales drop

Photo credit to Dan Moyle

New home sales are now at their highest rate since October 2007. Existing home sales, however, are struggling with a lack of available inventory. New home sales Sales of new single-family houses were at a seasonally adjusted annual rate of 654,000 in July 2016. This is 12.4 percent above the revised June rate of 582,000 and 31.3 percent above the ...

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Yamaha introduces 2017 WaveRunner line, new boats

Yamaha EX Series

Yamaha WaterCraft Group, a division of Yamaha Motor Corporation, U.S.A., introduced its 2017 WaveRunner line and its 2017 boat line. The products were unveiled at the company’s annual dealer meeting being held in Chicago, where Yamaha also set out its strategy to be the No. 1 global marine brand. Yamaha WaveRunners The new WaveRunner models include new EX Series starting ...

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Weekly 5: FLIBS plans improvements for 2016


The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. FLIBS plans improvements for 2016 Attendees and exhibitors at this fall's Fort Lauderdale International Boat Show should see some improvements in display space, food and more, show organizers ...

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