Features

Boat sales continue growth in November

Year-over-year growth in boat sales held steady in November, with the strongest growth in fishing and ski boats, 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 ...

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Weekly 5: Proposal to close Florida bridge raises boating concerns

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. Proposal to close Florida bridge raises boating concerns The closure of a drawbridge in downtown Fort Lauderdale in February could cost local boating businesses hundreds of thousands of ...

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New Markets Task Force brings educational module to industry

The Recreational Boating and Leadership Council New Markets Task Force spent 2016 working on an educational training module for the industry, and its first presentations so far have been well received. The 45-minute module includes the latest statistics on the Hispanic, African American and Asian markets in the U.S., as well as original best practice case study videos featuring five ...

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Economic Snapshot: Small business optimism, builder confidence at pre-recession highs

Small business optimism is above the 42-year average for the third time since 2007 and builder confidence is at its highest level in over 11 years. These bumps can both be attributed to post-election sentiments. NFIB Small Business Optimism Index Small business optimism improved 3.5 points to 98.4 in November, which is just above the 42-year average. This is the ...

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Weekly 5: U.S. Senate, House pass WRDA

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. U.S. Senate, House pass WRDA The U.S Senate passed the Water Resources Development Act over the weekend, clearing the way for 30 new infrastructure projects around the country ...

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Boating Industry names 2016 Top 100

Boating Industry announced the 2016 Top 100 dealers at a black tie gala December 8 in Orlando. “From the thousands of dealers in North America – and hundreds of nominations – these 100 dealers are the best of the best,” said Boating Industry Editor in Chief Jonathan Sweet. “These dealers excel not only at the business of selling boats, but ...

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Gevo partners with Musket Corp., brings isobutanol to the West

Isobutanol producer Gevo, Inc. recently signed a contract with Musket Corp. a national fuel distributor and logistics firm that is part of the Love’s Family of Companies, to have Musket Corp. blend Gevo’s isobutanol with gasoline for its marine and off-road customers. Musket Corp. will initially offer this fuel in Arizona, Nevada and Utah. Love’s has a strong presence in ...

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Economic Snapshot: Huge gains in consumer confidence, private sector employment

Both consumer confidence and private sector employment saw large increases this month. However, the manufacturing industry continues to be a weak point for private sector employment. Consumer confidence Consumer confidence, which had declined in October, jumped in November from 100.8 to 107.1. The Present Situation Index increased from 123.1 to 130.3 and the Expectations Index rose fro, 86.0 to 91.7. ...

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Weekly 5: EPA increases ethanol requirement for 2017

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. EPA increases ethanol requirement for 2017 The Environmental Protection Agency has increased the amount of renewable fuels that will be required in the nation's fuel supply in 2017, ...

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