Features

Aging, recycling hulls a looming crisis

Millions of boats built during the glory days of the 1970s and 80s are now coming to the end of their life. We can’t just shove them all into landfill. So what happens with all these old hulls? If there’s one thing we’re good at, it’s building boats. According to the National Marine Manufacturer’s Association, there are more than 12 ...

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Economic Snapshot: Small business optimism at its highest level since 2004

December marked the second consecutive month of record-breaking small business optimism, now at its highest level in over 12 years. NFIB Small Business Optimism Index The National Federation of Independent Business Index of Small Business Optimism reached 105.8 in December, increasing 7.4 percent and rocketing the index to its highest level since 2004. “We haven’t seen numbers like this in ...

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Weekly 5: Chris-Craft plans $10 million plant expansion

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. Chris-Craft plans $10 million plant expansion Chris-Craft is making plans for a $10 million plant expansion and retooling project at its Manatee, Fla., facility, the Bradenton Herald reported. ...

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Skyrocket your boat show ROI

If you haven’t started working on your boat show strategy, you may want to consider it. I’m not talking selecting inventory and laying out your booth. I’m talking about setting goals and developing a plan to achieve them at the show. There are three main goals of any boat show for successful boat dealers: Sell as many boats as possible ...

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Economic Snapshot: Private sector employment adds 153,000 jobs

The ADP Employment Report, which tracks private sector employment, shows 153,000 jobs were added in December. Monthly averages of private sector employment are down by 35,000 from 2015. ADP employment Private sector employment increased by 153,000 jobs in December, which is down significantly from the 215,000 jobs added in November. “As we exit 2016, it’s interesting to note that the ...

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Construction for 2017 Miami Boat Show well underway

Construction for the 2017 Miami International Boat Show began on Dec. 1 and is on its way to building a record-breaking show. MIBS will run from Feb. 16-20, 2017 at the Miami Marine Stadium Park & Basin at Key Biscayne. The show is prepared to host its expected 100,000 or more attendees in mid-February. Many improvements have been made to ...

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Economic Snapshot: Consumer confidence rises to 15-year high

Consumer confidence is up again this month, now at its highest level in 15 years. Consumer confidence The Consumer Confidence Index posted another gain in December after a considerable increase in November. The index now stands at 113.7, up from 109.4 last month. The Expectations Index jumped from 94.4 to 105.5 but the Present Situation Index decreased from 132.0 to ...

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Why doing a good job won’t get you anywhere

If you think doing a good job is what it takes to get to the head of the pack, you’re naïve, confused, delusional, or all three. Take your pick. And here’s why. Doing a good job is the starting point, the baseline. It’s what’s expected. There are plenty of people doing a good, even a great job. But they’re dead ...

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IBEX/METS partnership means growth, larger international presence

At the annual IBEX Industry Breakfast in October, show organizers announced that the owners and producers of METS would be the new co-owner of the annual IBEX show. RAI Amsterdam has purchased a 50 percent stake in IBEX from WoodenBoat Publications Inc., publisher of Professional BoatBuilder magazine and will now be an equal partner with the National Marine Manufacturers Association. ...

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Weekly 5: MIASF CEO stepping down in 2018

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. MIASF CEO stepping down in 2018 Phil Purcell, CEO and executive director of the Marine Industries Association of South Florida, will leave the organization in January 2018, South ...

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