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. Miami named best city for boaters
Two Florida cities are the best ones for boating in the United States, according to real estate site Redfin.
Miami and Tampa were Nos. 1 and 2 on the site’s list of the 10 Best Cities for Boaters. They were followed by Minneapolis, Virginia Beach, Providence, Long Island, Annapolis, Chicago, Seattle and Austin.
The list was determined by determining the amount of waterfront property, prices of those waterfront homes, weather, boat registrations and more.
2. Florida boating deaths on track for record high
Heading into the Labor Day weekend, there were 43 confirmed boating deaths in Florida, nearing a record high, officials there said.
There were 58 deaths in 2013 and 50 in 2012. The 2014 number is expected to rise because several deaths are still under investigation.
3. Consumer sentiment up for August
The final August reading for the Reuters/University of Michigan consumer sentiment index came in at 82.5, up from the preliminary reading of 79.2, and up from 81.8 in July.
4. Invasive species legislation heads to New York governor
Boaters in New York could face tougher aquatic invasive species regulations, if Gov. Andrew Cuomo signs a new bill, NMMA reports.
5. How a bad sales manager can cost you $4 million
What could the wrong hire cost you? This infographic shows how putting the wrong person in charge of your sales could cost you millions.