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Economic Snapshot: Consumer confidence reaches pre-recession levels, modest increases in home sales

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By Brianna Liestman
October 30, 2014

July’s consumer confidence index reached pre-recession levels but it would appear October’s reading has surpassed those numbers. Consumers’ confidence is coming back, even amid modest gains in new and pending home sales and a slightly volatile year for gross domestic product. Consumer confidence Consumer... Read more »

Q&A with MDCE keynote speaker Chester Elton

Chester Elton

Jonathan Sweet
October 30, 2014

Chester Elton is a global expert on workplace trends, internationally known for books such as “The Carrot Principle,” “24-Carrot Manager” and “The Orange Revolution.” At the 2014 Marine Dealer Conference & Expo, taking place Nov. 16-19 in Orlando, Fla., dealers have a chance to hear... Read more »

Have you really earned the right for success in your boat business?

Marina-cover

By Matt Sellhorst
October 28, 2014

Over the past few weeks we’ve talked about the process your boat buyers go through, called the ‘Educational Spectrum,’ and how you can take advantage of your competition’ s lack of understanding by offering the ‘Researchers and Evaluators’ the information they are searching for already. But... Read more »

Weekly 5: EPA sued again over Renewable Fuel Standard

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Boating Industry
October 28, 2014

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 Tuesday on BoatingIndustry.com. 1. EPA sued again over Renewable Fuel Standard Citizens for Responsibility and Ethics in Washington has sued the Environmental Protection... Read more »

Gain an unfair advantage over your competition

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By Matt Sellhorst
October 23, 2014

Earlier this month we talked about the “Educational Spectrum of a Boat Buyer,” which explains that buyers in different stages of the process are interested in different types of information. In this article, we’re going to focus on the left side of the spectrum to determine how best to capture... Read more »

Economic Snapshot: Ups and down in existing home sales, housing starts

Friday-Econ-Snapshot

By Brianna Liestman
October 23, 2014

This month’s existing home sales and housing starts provide potentially confusing numbers. While this month’s existing home sales report may seem disappointing when compared to last year’s sales, it is important to look at the decrease in distressed homes. Housing starts are also up from 2013,... Read more »

Weekly 5: Seattle dealer wins lawsuit over libelous emails

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Boating Industry
October 21, 2014

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 Tuesday on BoatingIndustry.com.   1. Seattle dealer wins lawsuit over libelous emails A British Columbia man has been ordered to pay $40,000 in damages for sending... Read more »

Sea Ray honors Bill McGill with lifetime achievement award

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By Brianna Liestman
October 21, 2014

MarineMax runs its business with the idea that boating changes people’s lives. While the company’s goal is to change the lives of MarineMax’s customers, this idea is certainly true for the life of its CEO. Bill McGill, CEO, chairmain and president of MarineMax, received the C.N.... Read more »

Correct Craft acquires PCM, Crusader engine brands

nautique

Jonathan Sweet
October 20, 2014

Correct Craft, owner of the Nautique Boat Company, announced Monday that it acquired both the PCM Marine Engines and Crusader Engines brands from Pleasure Craft Marine Engine Co. Correct Craft now owns 100 percent of both PCM Marine Engines and Crusader Engines. Correct Craft CEO Bill Yeargin said the... Read more »

Economic Snapshot: Housing market index, small business optimism dip slightly

Housing-prices-1212

By Brianna Liestman
October 16, 2014

Both the housing market index and the small business optimism index declined slightly this month after consistent increases in previous months, though home builders still view conditions as good overall and small businesses believe now is the time to expand.  Housing market index The National Association... Read more »

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