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Top Stories

METS 2016 set for record year

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In spite of cool temperatures and light rain, the mood in Amsterdam, Netherlands was decidedly upbeat Monday as more than 22,000 marine industry representatives arrived in town and set up for Tuesday’s official opening of the 2016 METS. Although the final attendance figure remains to be seen, the 29th edition of the world’s largest marine equipment trade show has already set ...

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IBEX 2016: Furniture, interiors lead innovations

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More than 6,000 industry professionals attended IBEX 2016 to see the latest product innovations. With concerns over Hurricane Matthew, IBEX 2016 attendance was up from last year’s Louisville event, but slipped from 2014, the last time it was held in Tampa. About 4,700 attended in Louisville in 2015, while about 6,900 attended in Tampa in 2014. Organizers noted that concern ...

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17 Boat show tips for 2017

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As the boating season ends in most regions and winterizations are winding down, it’s time to start looking at the biggest selling event for dealers: boat shows. Whether you sell one boat or 50, there is no denying that a boat show presence is integral for a dealership’s visibility and success. We talked to several dealers about their most successful ...

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Not another dead end job

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How to find (and keep) good employees Any organization worth its salt will tell you its greatest asset is its people. As such, the hiring and retaining on quality employees should be a business’s No. 1 concern. The boating industry isn’t unaware of the need to hire quality employees – if anything, the industry is hyper aware. But what is the secret ...

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Tow boat market has posted near double-digit growth for the past five years

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They’re colorful. They’re eye-grabbing. And they continue to attract buyers, for both the boats themselves and for those high-margin accessories. For all the changes that have occurred over the past five years, inboard-powered ski and wake boats continue to post year-over-year sales growth in the high single-digit or low double-digit range, putting smiles on the faces of boat builders and ...

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Economic Snapshot: Unemployment rate unchanged for 15 consecutive months

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While the unemployment rate has shown little movement since August 2015, small business hiring trends suggest the unemployment rate is remaining steady at what some may call “full employment.” Employment situation Total nonfarm payroll employment rose by 161,000 in October and the unemployment rate was little changed at 4.9 percent, according to the U.S. Bureau of Labor Statistics. The number ...

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Another exciting year for Marine Dealer Conference & Expo

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The Marine Dealer Conference & Expo (MDCE) will be held on Dec. 5-8 at the Orange County Convention Center in Orlando, hosted jointly by Boating Industry and the Marine Retailers Association of the Americas (MRAA). 2015 was among the most successful years to date for the premier dealer conference in the marine industry, with a total of 1,147 marine industry ...

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How to prepare for the overtime rule

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The new overtime rule from the Department of Labor will be implemented on Dec. 1, barring the success of any efforts to stop or delay the rule. It couldn’t come at a worse time for the industry: just before the start of boat show season. For the next month, business owners need to determine which employees this will impact and ...

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Economic Snapshot: Private sector employment adds 147,000 jobs in October

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Private sector employment increased by 147,000 jobs from September to October, which is down from 202,000 jobs added from August to September, according to the ADP Employment Report. Large businesses contributed the most heavily to the jobs added in October, adding 64,000 jobs. Medium businesses added 48,000 jobs and small businesses added 34,000 jobs. Service-producing employment increased by 165,000 in ...

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