The 2024 Global Marine Industry Workplace Study
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inflation

A Notably Brighter Outlook

U.S. consumer confidence climbed to a 17-month high in June as optimism about the job market and the outlook for family financial health improved.

The Dealmakers

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

Consumers are Concerned

A key measure of U.S. consumer confidence declined in May to its lowest level in six months as the outlook for inflation remained paramount in people’s minds despite the economy adding 339,000 jobs

Recession Fears Persist

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.

It’s the Customer, Stupid

Developing customers who love you is a long game, not a short grab for profits. Dealers are right to be concerned about headwinds the industry is facing, but everyone at dealerships still must maintain focus on the customer experience.

A Short Recovery

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

Consumer Worries Persist

A key measure of U.S. consumer confidence edged upward in March as consumers showed concerns about the health of the job market and expected inflation to remain high.

Bracing for Impact

A key measure of U.S. consumer confidence declined in February for the second month in a row as inflation continued to weigh on Americans’ minds.

So Far, Not So Bad

Dealers say that despite talk an impending recession, that 2023 may turn out to be similar to 2019 — a perfectly strong sales year compared to traditional norms

A Notably Brighter Outlook

U.S. consumer confidence climbed to a 17-month high in June as optimism about the job market and the outlook for family financial health improved.

The Dealmakers

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

Consumers are Concerned

A key measure of U.S. consumer confidence declined in May to its lowest level in six months as the outlook for inflation remained paramount in people’s minds despite the economy adding 339,000 jobs

Recession Fears Persist

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.

It’s the Customer, Stupid

Developing customers who love you is a long game, not a short grab for profits. Dealers are right to be concerned about headwinds the industry is facing, but everyone at dealerships still must maintain focus on the customer experience.

A Short Recovery

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

Consumer Worries Persist

A key measure of U.S. consumer confidence edged upward in March as consumers showed concerns about the health of the job market and expected inflation to remain high.

Bracing for Impact

A key measure of U.S. consumer confidence declined in February for the second month in a row as inflation continued to weigh on Americans’ minds.

So Far, Not So Bad

Dealers say that despite talk an impending recession, that 2023 may turn out to be similar to 2019 — a perfectly strong sales year compared to traditional norms

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