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Economic Snapshot: Consumer confidence remains at 15-year high

After declining in January, the Consumer Confidence Index rose in February and remains at its highest level since mid-2001. Consumer confidence Consumer confidence increased to 114.8 in February, up from 111.6 in January. The Present Situation Index rose from 130.0 to 133.4 and the Expectations Index increased from 99.3 to 102.4. “Consumer confidence increased in February and remains at a ...

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12 steps to being your company’s most valued employee

If a company wants its brand to stand out from the competition, differentiating it from its competitors is the place to start. Subaru has done this more successfully than most. Its customers give new meaning to brand loyalty. Many are passionate are downright fanatical in their allegiance. According to Forbes, the Subaru brand has the most loyal customers in the ...

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Awards, new products highlight busy 2017 Miami show

Attendance has been up for most boat shows this year as the season has gotten off to a strong start. While final numbers haven't been released for the 2017 edition of the Miami International Boat Show yet, attendance was up through the early going, and the docks and tents were crowded throughout the show. Look for more coverage of the ...

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Q & A with Navico CEO Leif Ottosson

Boating Industry sits down with Navico CEO Leif Ottosson to learn why the future of marine electronics lies in present-day automobiles. 2016 was a busy year for Navico, the parent company to the Lowrance, Simrad, B&G and GoFree marine electronics brands. Its saltwater fishing-oriented Simrad brand posted a 37 percent revenue growth in America last year, on top of 29 ...

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Weekly 5: Powerboat registrations up 6.3 percent in 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. NMMA: Powerboat registrations up 6.3 percent in 2016 New powerboat registrations were up 6.3 percent through December 2016, NMMA reported in its latest New Powerboat Registrations Report. According ...

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Boat sales tick up in January, report says

Boat sales were up year-over-year in January, growing at a faster pace than in December, according to the latest Info-Link Bellwether report. According to Info-Link, the Bellwether report tracks sales of powerboats across the country based on new U.S. boat registrations on a rolling 12-month basis. Bellwether states are geographically dispersed states representing roughly half of the US boat market ...

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Volvo Penta intros new 6.2L V8 engines, inboard joysticks

Volvo Penta showcased two new V8 engines and its new Joystick for Inboard system Thursday at the Miami International Boat Show. The innovations are part of Volvo Penta's continuing "Easy Boating" strategy, designed to make boating more enjoyable and accessible to consumers, said Ron Huibers, president of Volvo Penta of the Americas. Volvo Penta's new aluminum 6.2L V8 380 and ...

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Economic Snapshot: Small business optimism remains at decade high

Small business optimism rose again in January, now at its highest level since December 2004, according to the National Federation of Independent Business Index of Small Optimism. January’s increase suggests the post-election surge has staying power. NFIB small business optimism The NFIB Small Business Optimism Index reached 105.9 in January, an increase of 0.1 points. Five of the index components ...

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Mercury launches inboard joystick control, new engines at Miami event

Mercury Marine introduced a bevy of new innovations from joystick control for inboard engines to new racing engines at a media event Wednesday night ahead of the Miami International Boat Show. The growth in popularity of water sports, particularly wake surfing, makes the technology an important addition to the Mercury lineup, Brunswick Corp. Chief Technology Officer David Foulkes said Wednesday. ...

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