Home » Top Stories (page 2)

Top Stories

Weekly 5: NMMA urges industry to sign Trump ethanol petition

the-white-house-1623005_1280

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 urges industry to sign Trump ethanol petition The deadline is Tuesday to sign a Boating United petition to be delivered to President Trump, urging him to take ...

Read More »

The changing marina climate

SUNTEX Liberty Landing Marina Jersey City HR PRG-610x300

Consolidation, innovation coming to marina segment A recent wave of consolidation in the marina segment has the potential to drastically reshape how and where boaters spend their time on the water. For an industry that has been dominated for decades by small, family-run operations, it’s a dramatically different look. Major, well-financed players have jumped into the segment in a big way ...

Read More »

2017 Outlook: Steady as she goes

2017Outlook-610x300

They say slow and steady wins the race. If this is true, the boating industry is poised for major wins. The general tone about 2016 and going into 2017 is one of optimism and expectations for slow, steady growth to continue. According to data from Statistical Surveys, Inc. through September 2016, year-over-year sales hovered around 5 to 6 percent growth. At ...

Read More »

Full speed ahead

Manitou 23 X-Plode SRW Twin-610x300

Continued strong sales growth fueled by innovative designs and unmatched versatility suggest a sunny future for the pontoon segment While the recreational boating industry in North America has seen more than its share of highs and lows over the years, one constant has been the continued growth of the pontoon boat category. From humble beginnings where they were derided as ...

Read More »

Economic Snapshot: Despite December decrease, existing home sales have best year since 2006

Photo credit to Dan Moyle

Existing home sales decreased in December and year over year, yet the National Association of Realtors are still very pleased with 2016’s overall results. Existing home sales Existing home sales finished 2016 at 5.45 million sales, a 2.8 percent decrease from an upwardly revised 5.65 million in November. Sales are 0.7 percent higher than the previous year. NAR is still ...

Read More »

Opportunities for U.S. suppliers in the Netherlands marine industry

dordrecht-800328_1280

The Netherlands ranks as one of the world’s leading markets for sailboats, motorboats, and yachts with its strategic location in Europe, main ports, and excellent logistics. According to the U.S. Census Bureau, in 2016, the Dutch pleasure boat market was estimated to reach $3.3 billion; thus offering excellent opportunities for U.S. suppliers of marine technologies. Philip Hammerstein, Commercial Specialist, U.S. ...

Read More »

Weekly 5: Outboard shipments up 6.5% in 2016

Weekly-5-Generic-1

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. Outboard shipments up 6.5% in 2016 U.S. outboard engine wholesale shipments were up 6.5 percent last year for NMMA’s control group of manufacturers, which represent 95 percent of ...

Read More »

Craigslist data may surprise boat dealers

craigslist_lotvantage

On December 1, 2016, Craigslist, the 16th most popular website in the United States, changed how the boating industry listed ads by enacting a $5 charge/ad. Now, dealers have to allocate a budget and determine if there is an ROI for Craigslist. Prior to the market being paid, dealers could list as many ads as they wanted for free. A ...

Read More »

Report: Boat sales up in 2016, but growth slows

january bellwether

Boat sales continued to be up year-over-year in December, but the rate of growth slowed, 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 ...

Read More »