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. 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 year over year for the rolling twelve-month period through February. The tow boat, pontoon, saltwater fishing boat and personal watercraft segments experienced the highest rates of growth, up 10.1 percent, 9.6 percent, 8.5 percent and 7.2 percent, respectively.
2. Senate bill would extend, reform biodiesel credit
The American Renewable Fuel and Job Creation Act of 2017 has been introduced by U.S. Sens. Chuck Grassley, R-Iowa, and Maria Cantwell, D-Washington, Biodiesel Magazine reports.
The bipartisan bill, which has 14 other co-sponsors, would renew the $1-per-gallon biodiesel tax credit for three years and reform it from a blenders incentive to a domestic producers tax credit.
3. It's National Small Business Week
This week is National Small Business Week and the Small Business Administration and other groups have plenty of events, webinars and other programs planned.
4. Arizona proposes boating law changes
The Arizona Game and Fish Commission recently approved several boating and watercraft regulation changes, Sonoran News reports.
The changes will be reviewed by the Governor’s Regulatory Review Council in June and would take effect in August if approved.
The rule changes would increase several boating fees, as well as making other rule changes, such as requiring wakesurfers to wear a PFD.
5. 15 proven ways to increase organic traffic
Attracting customers to your website is an important part of the sales process. Marketing Profs talked to 17 SEO experts for their strategies for increasing growth.