Features

Economic Snapshot: Record-breaking housing starts after harsh winter

Remember those concerning housing starts numbers in February and March? Those appear to be a result of seasonal blues that are now behind us, as we are seeing huge month-to-month and year-over-year growth in housing starts for April. Housing starts Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1.135 million. This is 20.2 percent above ...

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Q&A with Dominion Marine Media president Ian Atkins

Ian Atkins

Dominion Marine Media touches many parts of the marine market through its network of websites (Yachtworld, boats.com, Boat Trader), its web services, social media solutions and more. We talked to Dominion Marine Media President Ian Atkins about some of the technology and industry trends the company is seeing. Be sure to read the June issue of Boating Industry to see ...

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Gulf Coast dealers optimistic five years after oil spill

The Deepwater Horizon oilrig exploded in April 2010, setting off an 87-day spill of millions of gallons of oil into the Gulf of Mexico. The story dominated the news cycle for months and is known as one of the worst environmental disasters in U.S. history. Recovery was not easy for boat businesses in the area, as the spill occurred during ...

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Economic Snapshot: Year-over-year unemployment declines continue

Unemployment continues its declines this month, albeit at a slow pace. Job openings also continue to increase year-over-year, which is a good sign for the labor market, and small business optimism is coming back after a rough start at the beginning of 2015. Employment situation Total nonfarm payroll employment increased by 223,000 in April and the unemployment rate was essentially ...

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Successful American Boating Congress wraps up in DC

Hundreds of representatives of the boating industry descended on Washington this week for the 2015 American Boating Congress. As the industry’s annual legislative conference and premier lobbying effort, ABC is one of the industry’s best chances to shape the public policies that affect boating. ABC is organized by the National Marine Manufacturers Association, but is co-hosted by 35 other industry ...

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Weekly 5: Texas rejects boat sales tax break

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. Texas rejects boat sales tax break The Texas House last week voted down a proposal to cap sales tax in the state. The bill, which lost by a ...

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Survey: Ethanol major factor in engine damage

Most marine businesses are experiencing engine damage and other issues due to ethanol in the fuel supply, raising increased concerns about the growing use of E15. Boating Industry surveyed readers of our print and digital editions about service department and warranty issues, including ethanol, in April. Respondents were a mix of dealers, manufacturers, marina owners and others. (See the full ...

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The little stuff that drives customers away

With all the talk today about the need to create a great experience for customers, why are so many companies overwhelmed with a tidal flood of customer complaints? Much of it is little, picky stuff. But small things get big in a customer’s mind, and the next thing you know, the customer is gone — for good. Spotting the little ...

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Economic Snapshot: ADP employment hits lowest numbers since January 2014

While growth continues for the non-manufacturing sector, the ADP employment report this month continues a downward trend from March's numbers. Hopefully this is still residual effect from the harsh winter, but we will have to keep an eye on these numbers in the coming months.  ADP employment report Private sector employment increased by 169,000 jobs from March to April, a 20,000 ...

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New River needs new solutions

All Aboard Florida (AAF), a private company, plans to build a passenger rail system to move people from Miami to Orlando theme parks. The plan would add 32 daily trips, 16 north and 16 south, to tracks that currently carry freight across the New, St. Lucie and Loxahatchee rivers, utilizing existing CSX and Florida East Coast (FEC) tracks. As a ...

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