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Economic Snapshot: Private sector employment adds 263,000 jobs in March

Private sector employment increased by 263,000 jobs in March. This is up from 245,000 in February, down from the originally estimated 298,000 jobs, and marks the fifth consecutive month of private sector employment gains above 200,000. “The U.S. labor market finished the first quarter on a strong note,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. ...

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Boating industry optimistic about Trump administration

Most in the boating industry are hopeful a new Trump administration will be good for the industry, but are still concerned about the role of the government in their businesses. That’s according to the latest survey of Boating Industry readers, conducted via email in February 2017. Respondents were a mix of dealers, marinas, engine and boat manufacturers, service providers and ...

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Economic Snapshot: Consumer confidence at highest level in 16 years

Following a trend over the last few months of soaring consumer confidence, the index is now at its highest level since December 2000. Consumer confidence Consumer confidence increased from 116.1 in February to 125.6 in March. The Present Situation Index rose from 134.4 to 143.1 and the Expectations Index increased from 103.9 to 113.8. The percentage of consumers saying business ...

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Weekly 5: Texas boat dealer convicted in theft case

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. Texas boat dealer convicted in theft case Jesse Ray Keene, the former operator of McGoys Marine in Lewisville, Texas, has been convicted and sentenced to 14 years in ...

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Why prospecting fails and what to do about it

Prospecting is arguably the No. 1 hot topic in sales. In spite of all the seminars, podcasts, training programs, books, and pressure from managers, most salespeople are prospecting excuse experts. Even when cajoled, pushed, and incentivized, salespeople have a tough time getting their prospecting engine to run on one cylinder — at most. Why is there so much resistance to ...

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Boat sales growth slipped slightly in February

Boat sales were up year-over-year in February, but at a slightly lower pace than in January, 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 ...

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Economic Snapshot: Existing home sales dip slightly

Photo credit to Dan Moyle

Although existing home sales decreased, February's sales pace is still 5.4 percent above the previous year. 2017 started at the fastest pace of existing home sales in almost a decade. Existing home sales Total existing home sales dropped 3.7 percent to a seasonally adjusted annual rate of 5.48 million in February, down from 5.69 million in January. The median existing home ...

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American Boating Congress 2017: New administration, new opportunities

ABC 2017 offers industry fresh look at policy, issues With a new presidential administration and 62 new members of Congress, the 2017 edition of the American Boating Congress will be one of the most important in years. “It’s a critical year because this is a fresh start,” said Nicole Vasilaros, NMMA’s vice president of federal and legal affairs. “This is ...

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Weekly 5: Industry urges Florida to address water issues

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. Industry urges Florida to address water issues Leaders from the boating and tourism industries are seeking urgent action to address water quality in the state of Florida, the ...

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