Weekly 5: GOP could tie ethanol mandates to debt fight
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.GOP could tie ethanol mandates to debt fight
Under a plan under consideration by U.S. House of Representatives Majority Leader Eric Cantor, the efforts to change the Renewable Fuel Standard could be tied to the upcoming debt fight.
Cantor told representatives of the oil industry that attaching new requirements to a “must pass” bill like the debt ceiling might make it easier to pass the rules.
NMMA, MRAA and others in the marine industry have been lobbying Congress to review the RFS and take another look at the use of 15-percent ethanol (E15) as a fuel blend.
2. Watch out for Hurricane Sandy boats
Those Sandy-damaged boats are making their way into the marketplace. This article is aimed at consumer boat buyers, but worth keeping in mind as you pick up used boats – or to share with potential buyers that think they’re getting a deal from someone else.
3. Small business optimism flat
Small business owners are planning to create more jobs than they have since before the recession, but sales and profits trends are pointing down, according to the latest Small Business Optimism Index from the National Federation of Independent Businesses.
That mix of answers resulted in a generally flat index for August, down 0.1 points from July. One of the biggest takeaways from the report is that business owners say they are having trouble finding qualified workers: 36 percent reported few or no qualified applicants for open positions.
4. When will employment reach its pre-recession peak?
As we noted last Friday in the weekly economic snapshot, unemployment continues to be the stubborn laggard in the economic recovery. Bill McBride of Calculated Risk (one of the best – and mostly jargon-free – economics blogs out there) takes a look and pegs us at a mid-2014 timeframe – nearly 7 years after the recession started. Take a look at the chart on this post to see just how slow this employment recovery has been compared to past recessions.
5. What Gmail’s changes mean to your email marketing
Marketers are still trying to figure out what exactly the new promotions tab will mean to email marketing. Inc. and email marketing company VerticalResponse share some advice.