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 Monday on BoatingIndustry.com.
1. Mayor: 'Boat Show will thrive in new Miami home'
"If there is a perfect place to host" this week's Miami International Boat Show, the Miami Marine Stadium Park & Basin "is surely it," Miami Mayor Tomás Regalado wrote in an op-ed in the Miami Herald Sunday.
The show will help drive important economic activity for the region, and bring attention to the efforts to restore the long-shuttered Miami Marine Stadium, Regalado wrote, breathing "new life" into the site: "Our hope is that showcasing the stadium in this way will jump-start widespread interest in restoring one of our city’s architectural gems."
2. Tax break lures buyers to Atlantic City Boat Show
A sales tax break for boat purchases, along with low interest rates, helped draw buyers to the weekend's Atlantic City Boat Show, dealers there told The Press of Atlantic City.
The cut especially had an effect on dealers selling larger boats, with buyers able to save thousands of dollars now.
3. Dockwa aims to be 'OpenTable of boating'
Forbes.com has a profile of Dockwa, the marine industry start-up that is looking to simplify the way boaters communicate with marinas and other service providers.
4. NMMA: Powerboat shipments up 1.5 percent
Wholesale shipments of traditional powerboats were up 1.5 percent through November for NMMA’s control group of manufacturers (representing 68 percent of the market) with growth in the fiberglass outboard boat and inboard boat segments offsetting declines in other categories, the association reports. Corresponding dollars were up 8.7 percent. Personal watercraft shipments were up 15.3 percent YOY through November.
5. Choosing a retirement option for your small business
As part of America Saves Week, the U.S. Department of Labor's Employee Benefits Security Administration, in coordination with the Consumer Federation of America, is holding a webcast for small businesses and their service providers on the retirement savings options and the use of direct deposit for saving for retirement and more.
Sign up or find more info here.