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Economic Snapshot: Consumer confidence rises to 15-year high

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Consumer confidence is up again this month, now at its highest level in 15 years. Consumer confidence The Consumer Confidence Index posted another gain in December after a considerable increase in November. The index now stands at 113.7, up from 109.4 last month. The Expectations Index jumped from 94.4 to 105.5 but the Present Situation Index decreased from 132.0 to ...

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Why doing a good job won’t get you anywhere

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If you think doing a good job is what it takes to get to the head of the pack, you’re naïve, confused, delusional, or all three. Take your pick. And here’s why. Doing a good job is the starting point, the baseline. It’s what’s expected. There are plenty of people doing a good, even a great job. But they’re dead ...

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IBEX/METS partnership means growth, larger international presence

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At the annual IBEX Industry Breakfast in October, show organizers announced that the owners and producers of METS would be the new co-owner of the annual IBEX show. RAI Amsterdam has purchased a 50 percent stake in IBEX from WoodenBoat Publications Inc., publisher of Professional BoatBuilder magazine and will now be an equal partner with the National Marine Manufacturers Association. ...

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Weekly 5: MIASF CEO stepping down in 2018

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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. MIASF CEO stepping down in 2018 Phil Purcell, CEO and executive director of the Marine Industries Association of South Florida, will leave the organization in January 2018, South ...

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The 2016 Top 100 Dealers

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As the Boating Industry Top 100 celebrates its 12th year, the dealers on the list are stronger than they have been since before the Great Recession. The Top 100 and Hall of Fame reached nearly $2.7 billion in total revenue in 2015, surpassing last year’s total by more than $100 million. It was the third-highest total in the history of ...

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2016 Dealer of the Year: OneWater Marine Holdings

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There may not be a company doing more to shake up the boating industry than OneWater Marine Holdings. Since 2010 – first as Singleton Marine Group and now as OneWater – the company has united nine dealer brands under one umbrella. As of mid-2016, the company had 35 locations stretching across the southern U.S. It’s something we haven’t seen since ...

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Economic Snapshot: Existing home sales stay at pre-recession levels

Photo credit to Dan Moyle

Existing home sales increased again in November, building on the pre-recession levels October sales hit last month. Housing starts dropped this month, but housing completions remain high. Existing home sales Total existing home sales increased 0.7 percent to a seasonally adjusted annual rate of 5.61 million in November, up from a downwardly revised 5.57 million in October. This is the ...

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Boat sales continue growth in November

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Year-over-year growth in boat sales held steady in November, with the strongest growth in fishing and ski boats, 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 ...

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Weekly 5: Proposal to close Florida bridge raises boating concerns

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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. Proposal to close Florida bridge raises boating concerns The closure of a drawbridge in downtown Fort Lauderdale in February could cost local boating businesses hundreds of thousands of ...

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New Markets Task Force brings educational module to industry

Discover Boating - © Matt Knighton

The Recreational Boating and Leadership Council New Markets Task Force spent 2016 working on an educational training module for the industry, and its first presentations so far have been well received. The 45-minute module includes the latest statistics on the Hispanic, African American and Asian markets in the U.S., as well as original best practice case study videos featuring five ...

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