Top Stories

NMMA Canada lobbies federal parliamentarians

Representatives from the Canadian recreational boating industry gathered in the national capital last week as part of NMMA Canada’s 5th annual Recreational Boating government advocacy initiative. The “Day On The Hill” event – named in reference to the Canadian parliament’s location atop a hill in downtown Ottawa – saw teams of industry stakeholders including NMMA Canada members, representatives from boat, ...

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Economic Snapshot: Private sector employment adds 177,000 jobs

Private sector employment increased by 177,000 jobs from March to April, according to the April ADP National Employment Report. This is down from 255,000 jobs added in March and the first report under 200,000 in the past six months. Medium and small businesses led the increase, adding 78,000 and 61,000 jobs, respectively. Large businesses added 38,000 jobs in March. Service-producing ...

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Weekly 5: Powerboat registrations up 6.1 percent

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 1. NMMA: Powerboat registrations up 6.1 percent NMMA’s New Powerboat Registrations Report has been updated through February 2017, and advance data show new powerboat registrations were up 6.1 percent ...

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Boating Industry 2017 Top Products

50 of the best new products for the boating industry For the fourth annual Boating Industry Top products list, we’ve selected 50 of the best new or updated products and services for the marine industry, ranging from accessories to boats to engines and more. To be eligible, products had to have been introduced or significantly updated since January 2016. From ...

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Outboard engine sales continue to surge on the strength of constant innovation

The growth in recreational boating over the past several years has been achieved in large part due to corresponding advances in outboard power. It’s impossible to walk through any consumer boat show these days and not be struck by the overwhelming prevalence of outboard engines. From lightweight portables to behemoth V8s, outboard engines continue to dominate sales figures not just ...

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Economic Snapshot: Existing home sales at 10-year high

Photo credit to Dan Moyle

March’s existing home sales pace surpasses January as the strongest month of sales since February 2007. Existing home sales Total existing home sales rose 4.4 percent to a seasonally adjusted annual rate of 5.71 million in March, from a downwardly revised 5.47 million in February. This is 5.9 percent above the previous year and the strongest month in a decade. ...

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