Sales, attendance up at Toronto boat show

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Craig Ritchie
January 25, 2016

Both boat sales and overall attendance were up at the 2016 Toronto International Boat Show, signaling a stronger boat market north of the border in spite of a tumbling Canadian dollar. Show owner and producer Canadian Boat Shows Inc. reports boat sales at the 2016 TIBS were up by 16.7 percent over the... Read more »

Marinas evolve from a point of launch to family destinations

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Brianna Liestman, Managing Editor
January 22, 2016

In order to effectively sell the boating lifestyle, marinas are increasingly turning their facilities into a hub of activity. The marina of today has evolved from a mere launch point to an all-day destination. We spoke with top marinas to discuss what areas of their business held the most potential for... Read more »

Market Trends: Pontoon segment stays strong

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Craig Ritchie, Contributing Writer
January 21, 2016

Pontoon boats drove the boating industry’s rebound in the wake of the downturn. But are they still leading the way? Since the 2008 economic downturn, pontoon boats have led the recovery of the recreational boating industry. At one point accounting for almost one in three new boats sold, the pontoon... Read more »

Stronger U.S. dollar puts pressure on exports

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Craig Ritchie, Contributing Writer
January 21, 2016

Economic rebound good for industry, but stronger U.S. dollar making exporting more difficult Nowhere has the rebirth of the U.S. economy been more evident than in the recreational boating industry. Once quiet factories now hum with activity as manufacturers churn out exciting new products. Dealer lots... Read more »

How the best boat dealers build an efficient scheduling system

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Jonathan Sweet, Editor in Chief
January 21, 2016

With unlimited moving parts, people and boats, running a successful service department can be a bit like playing Tetris. Find that right fit or everything starts stacking up; one mistake builds on another and the next thing you know you’ve got a disaster on your hands. (For all you Millennials out... Read more »

Economic Snapshot: Housing starts up 10.8 percent from 2014

New Home Construction

By Brianna Liestman
January 21, 2016

The housing market continues to steadily grow into 2016. An estimated 1,111,200 housing units were started in 2015, 10.8 percent above the 2014 figure of 1,003,300. Builder confidence remains in the low 60s. Housing starts Privately owned housing starts in December were at a seasonally adjusted annual... Read more »

Giving back makes companies stronger

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By Brianna Liestman
January 20, 2016

There are many different processes and procedures a business can implement to make it more productive. Most of these processes help the company make money. However, some companies see community service efforts as a way to make its business stronger, while also contributing to the greater good. This is... Read more »

Weekly 5: Two buyers possible for Fairline Boats

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Jonathan Sweet
January 18, 2016

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 Tuesday on BoatingIndustry.com. 1. Report: Two buyers possible for Fairline Boats UK boat builder Fairline Boats is weighing offers from two prospective buyers, reports... Read more »

Info-Link: Boat sales trend up in December

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Jonathan Sweet
January 18, 2016

Boat sales continued their year-over-year growth in December, albeit at a lower pace than earlier in 2015. That's according to the latest Info-Link Bellwether report. The Bellwether report tracks sales of powerboats, 15-feet and larger, across the country based on new U.S. boat registrations on a rolling... Read more »

Economic Snapshot: Employment gains remain stagnant

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By Brianna Liestman
January 14, 2016

Both the unemployment rate and the number of job openings have remained essentially unchanged month-over-month, and yearly gains are starting to flatten. Employment situation Total nonfarm payroll employment rose by 292,000 in December. The number of unemployed persons was 7.9 million and the unemployment... Read more »

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