
Inflation Ticked up to 4.2% in May
The Wall Street Journal says the increase is a “sign that high energy costs stemming from the conflict with Iran are continuing to push up price pressures.”

The Wall Street Journal says the increase is a “sign that high energy costs stemming from the conflict with Iran are continuing to push up price pressures.”
Retailer sentiment for current conditions was up, but getting sales across the finish line remained a challenge for dealers
Meanwhile, consumers in July were somewhat less positive about labor and business conditions

Despite persistent inflation concerns, some continued supply-chain challenges and fears of a looming recession, mergers and acquisitions continue in the recreational marine industry.

Discover Boating’s mission to expand the market for boating by attracting the next generation, and retaining and growing current boaters, comes into market as consumers navigate economic and political headwinds.

A key measure of U.S. consumer confidence dropped in April to a nine-month low as the outlook for the job market worsened and expectations for inflation remained pessimistic.

Reports from retailers and manufacturers following the boat shows, coupled with an informal survey I conducted with sales and marketing executives, tell me we need a mixed bag of tricks to address new-boat sales and the state of consumer confidence.

After a glimmer of hope at winter boat shows, most dealers are disappointed by declining sales and tough economic times.

Dealers continue to report strong interest in new boats and are maintaining business with traditional selling strategies

Various consumer sentiment scores are down, and up, while small-business owners are worrying and home builders are more optimistic

The Wall Street Journal says the increase is a “sign that high energy costs stemming from the conflict with Iran are continuing to push up price pressures.”
Retailer sentiment for current conditions was up, but getting sales across the finish line remained a challenge for dealers
Meanwhile, consumers in July were somewhat less positive about labor and business conditions

Despite persistent inflation concerns, some continued supply-chain challenges and fears of a looming recession, mergers and acquisitions continue in the recreational marine industry.

Discover Boating’s mission to expand the market for boating by attracting the next generation, and retaining and growing current boaters, comes into market as consumers navigate economic and political headwinds.

A key measure of U.S. consumer confidence dropped in April to a nine-month low as the outlook for the job market worsened and expectations for inflation remained pessimistic.

Reports from retailers and manufacturers following the boat shows, coupled with an informal survey I conducted with sales and marketing executives, tell me we need a mixed bag of tricks to address new-boat sales and the state of consumer confidence.

After a glimmer of hope at winter boat shows, most dealers are disappointed by declining sales and tough economic times.

Dealers continue to report strong interest in new boats and are maintaining business with traditional selling strategies

Various consumer sentiment scores are down, and up, while small-business owners are worrying and home builders are more optimistic