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Weekly 5: New crowdfunding effort for Miami Marine Stadium

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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. New crowdfunding effort for Miami Marine Stadium (Video) The city of Miami has launched a new crowdfunding campaign in partnership with Heineken in another attempt to restore and ...

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NMMA urges EPA to lower proposed RFS ethanol volume

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The National Marine Manufacturers Association (NMMA), along with American Petroleum Institute (API) and the American Motorcyclist Association (AMA), held a conference call on Monday to discuss The U.S. Environmental Protection Agency’s proposed increase for the Renewable Fuel Standard in 2017. The proposal calls for renewable fuel volumes of 18.8 billion gallons in 2017, a 3.8 percent increase from 2016 and ...

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Economic Snapshot: Private sector employment increases by 172,000 jobs

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While private sector employment has been increasing each month since April, those numbers are weighed down by continued losses in the manufacturing sector. ADP employment report Private sector employment increased by 172,000 jobs from May to June, up from the downwardly revised 168,000 jobs last month. Small businesses contributed most heavily to the increase, adding 95,000 jobs in June, up ...

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From the Archives: 18 solutions to boost sales

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For most dealers, the market continues to be strong, but that doesn't mean it can't get better. After all, who can't use more sales? This article, originally published in 2014, offers 18 dealer-proven ways to boost sales. We gathered information from dealers across North America about how they’re increasing sales of boats, engines and more. We’ve organized the tips by ...

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Economic Snapshot: Consumer confidence up after two-month decline

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Consumer confidence, which has decreased in May for the second consecutive month, jumped from 92.4 to 98.0 in June. The Present Situation Index increased from 113.2 to 118.3 and the Expectations Index rose from 78.5 to 84.5 in June. Consumers who stated business conditions are “good” increased slightly from 26.1 to 26.9 percent and those saying business conditions are “bad” decreased ...

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Evinrude rolls out new engines, technology

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Evinrude unveiled an expansion of its G2 line, as well as a new virtual dashboard at its Evinrude Club event this past weekend. The next generation of Evinrude E-TEC G2 includes the E-TEC G2 150, 150 H.O., 175 and 200. This follows the introduction of 200 to 300-hp versions in 2014. According to the company, the new Evinrude E-TEC G2 ...

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YachtWorld study shows impact of boat shows on web traffic

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While it varies from show to show, web searches around boats increases greatly in markets holding boat shows, according to a new study from YachtWorld. YachtWorld studied traffic to its sites, as well as general Google searches, around eight major boat shows to see how unique visitor traffic increased or decreased: Boot Dusseldorf, January 23-31, 2015 Cannes, September 8-13, 2015 ...

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Weekly 5: Powerboat shipments up in April

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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. NMMA: Powerboat shipments up in April Wholesale shipments of traditional powerboats for NMMA’s control group of manufacturers (representing 69 percent of the market) were up 2.8 percent through ...

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