Automobiles in use are older than ever

Brianna-Liestman

By Brianna Liestman
August 3, 2015

Trends in the automotive industry tend to make their way into the marine industry eventually, so a recent study regarding the average age of the automotive fleet in the U.S. had me intrigued. According to a recent survey by IHS Automotive, the average age of a U.S. car on the road is 11.5 years. This... Read more »

Why Gen Xers and millennials are less likely to become millionaires

Jonathan Sweet, Editor In Chief

Jonathan Sweet
July 30, 2015

Good news for the industry right now: 1 in 7 of those over 62 has net wealth over $1 million and disposable income to spend on items like boats. The bad news? Later generations have a lot less money --  and probably will for their entire lives. That's according to a new paper from the St. Louis Fed’s... Read more »

Adapt to unforeseeable change

Brianna-Liestman

By Brianna Liestman
July 28, 2015

There are trends and activities we expect to stay in the zeitgeist forever, so much so that it becomes shocking when someone suggests those trends may be going by the wayside. Take, for instance, denim jeans. If I said that we could realistically see the clothing staple exit stores within a generation... Read more »

Boating’s lost week

Jonathan Sweet, Editor In Chief

Jonathan Sweet
July 23, 2015

A recent study from GfK Public Affairs (h/t to NMMA) caught my eye earlier this week. The key takeaway is what they're calling "America's Lost Week." Over the last 15 years, the average American has gone from taking more than 20 days of vacation to 16. This is a big deal for boating because we know that... Read more »

Diplomatic relations with Cuba move forward

Brianna-Liestman

By Brianna Liestman
July 21, 2015

In the wee hours of Monday morning, the United States and Cuba restored full diplomatic relations for the first time in 54 years. Both countries will officially inaugurate full embassy status in separate events. However, the trade embargo and travel restrictions still remain between the two countries... Read more »

Top 100 lessons: Texas Marine’s Business Development Center

Jonathan Sweet, Editor In Chief

Jonathan Sweet
July 16, 2015

We're deep into Top 100 evaluations at Boating Industry, and as always, there are some great ideas here from these top dealers. We'll share plenty more of these in the December issue of Boating Industry, but I was impressed by one I saw this week in Texas Marine's application. The three-location dealership... Read more »

Don’t forget the little guys

Brianna-Liestman

By Brianna Liestman
July 14, 2015

On July 10, the music industry changed its practices by implementing a new music release day – Friday – after more than 25 years of releasing music on Tuesday in the United States. This new standard now globalizes the release date of new albums. Industry officials polled music consumers in eight... Read more »

Don’t get left in the dust of transportation evolution

Brianna-Liestman

By Brianna Liestman
July 8, 2015

Last week, Uber launched its UberBoat service in Istanbul. Passengers can now hail an UberBoat to take them across the Bosphorous River, which divides the European and Asian halves of the city. Istanbul is a city known for traffic jams, ranking second worst in the world based on the number of starts... Read more »

Congress needs to take action on infrastructure

Bill Yeargin

By Bill Yeargin
July 6, 2015

For much of our nation’s history, infrastructure has provided the U.S. with a significant global advantage. But what was once our advantage is quickly becoming a vulnerability. Our company Correct Craft, like many in the boating industry, is uniquely American. A builder of multiple boat and engine... Read more »

Engage in Independence Day excitement

Brianna-Liestman

By Brianna Liestman
July 2, 2015

As I have counted down the days to Independence Day, I have daydreamed about all of the activities I will be able to engage in during the holiday with my nieces: roasting marshmallows, games of hide and seek, snuggling under blankets during fireworks and, most importantly of course, driving my mother-in-law’s... Read more »

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