Trade Associations

The NMMA reports new boat sales remained healthy through May, according to the latest New Powerboat Registration Report. Data shows retail unit sales of new powerboats were up 24% on a rolling 12-month (R12M) year-over-year (YOY) basis through May, reflecting the continued interest and demand for boating over the past year. Pontoons, wake sport boats, runabouts and cruisers continued to drive ...

With a final Senate vote expected on the bipartisan infrastructure package in the coming days, NMMA applauds the decision to include funding for essential water and recreation infrastructure needs, many of which have been priorities in the association’s advocacy efforts over the past year. The infrastructure package is nearly $1 trillion, distributed over eight years, with roughly $550 billion in ...

Do you have an idea that could improve boating safety or the environmental health of your local waters? The BoatUS Foundation for Boating Safety and Clean Water Grassroots Grant program provides local groups up to $10,000 each to help educate boaters on safe and clean boating topics. A 365-day rolling grant application process allows applicants to apply at any time throughout the ...

In efforts to streamline Paycheck Protection Program loan forgiveness, the Small Business Administration (SBA) has created a new portal allowing borrowers to apply for forgiveness directly through the SBA. The new forgiveness platform, which will go live on August 4, was created to help small businesses get relief as fast as possible. The portal can be used by any business ...

The 30th International BoatBuilders’ Exhibition and Conference (IBEX) announced the details of its IBEX Education Conference, offering world-class technical information to attendees and ranging from in-depth pre-conference sessions and its renowned seminar series and tech talks, to new online workshops.  The Conference begins with Pre-Conference Sessions on Sunday, September 26 and Monday, September 27. Pre-Conference Sessions offer in-depth subject matter ...

Yesterday, July 26, was the last “official” day to apply for the 2021 Boating Industry Top 100 Dealers program, recognizing the best boat dealers in North America. However, because of the extraordinary operating environment that still exists, extensions may be granted on a case-by-case basis for dealers still interested in applying or needing some additional time to complete their 2021 ...

NMMA and more than 120 manufacturing organizations representing businesses across the nation recently sent a letter urging members of Congress to pass President Biden’s Bipartisan Infrastructure Proposal. In addition to NMMA, the letter was signed by National Association of Manufacturers, National Association of Trailer Manufacturers, and the Outdoor Power Equipment Institute. “A comprehensive and inclusive infrastructure package is critical to ...

The National Marine Lenders Association (NMLA) just released the 41st consecutive Annual Statistical Report.  This is the only comprehensive report of recreational marine financing data in the U.S. and provides lenders with trends and data to understand, build and maintain quality marine lending portfolios. The survey produces two distinct business line reports: 1) for banks, credit unions, thrifts and private lenders ...

PPP loans provided a major relief to small businesses during the COVID-19 pandemic, giving businesses additional funds for payroll and other expenses. To further reduce the burden on small businesses, the loans, if used correctly, may be forgiven altogether. “We want to remind our members and others in the marine industry to, if eligible, apply for PPP Loan forgiveness,” said ...

Women continue to hit the water in droves with female angler participation at 19.7 million in 2020 – an all-time high. To continue evolving the fishing and boating community into a more inclusive space, the Recreational Boating & Fishing Foundation (RBFF)’s Take Me Fishing campaign partnered with DICK’S Sporting Goods to host a group of influencers on a two-day outdoor excursion prior to ICAST ...