October economic report shows boating market slowdown
Published On: October 10, 2024Categories: Industry News, NewsThe National Marine Manufacturers Association (NMMA) Recreational Boating Industry Monthly Data Summary for October 2024, which includes data through July, shows that most economic indicators remain under market pressure and are in the "caution" category, indicating the industry should keep a close watch on their potential impacts. However, inflation was down month-over-month and interest rates [...]
2023 Canadian exports and imports report shows positive shift
Published On: October 3, 2024Categories: Industry News, NewsThe National Marine Manufacturers Association’s (NMMA) 2023 Recreational Boat and Marine Engine Exports and Imports report is now available as a part of the 2023 Canadian Recreational Boating Statistical Abstract. This section offers a comprehensive analysis of Canada's recreational boating industry’s international trade from 2014 to 2023. In 2023, the Canadian recreational boating industry experienced [...]
September recreational boating economic report now available
Published On: October 2, 2024Categories: Industry News, NewsThe National Marine Manufacturers Association’s (NMMA) September Recreational Boating Industry Monthly Data Report includes several economic indicators, such as the U.S. Manufacturing PMI Index—which varies between 0 and 100, with a reading above 50 indicating an overall increase—was down 6.2% to 48.5 month-over-month, a sign of cautious optimism in what has been a down cycle [...]
Section 301 tariffs increase on certain products from China
Published On: October 1, 2024Categories: Industry News, NewsThe Biden Administration announced it had finalized certain Section 301 tariff increases on imports from China. In particular, the administration has imposed a new 25 percent tariff on steel and aluminum products coming in from China. The administration also placed a 25 percent tariff on lithium-ion non-electrical vehicle batteries, which is planned to go into [...]
IBEX 2024 announces event schedule
Published On: September 26, 2024Categories: Industry News, NewsThe International BoatBuilders’ Exhibition and Conference (IBEX), taking place Oct. 1-3 at the Tampa Convention Center, has announced its full schedule of events. The special sessions and networking events planned for the show include opportunities to connect with colleagues, come together to do business, meet with current suppliers and build new partnerships. Networking events are [...]
ABYC Foundation seeks nominations for 2024 Educator of the Year
Published On: September 19, 2024Categories: Industry News, NewsThe American Boat & Yacht Council (ABYC) Foundation is accepting nominations for its 2024 Educator of the Year award, which recognizes an outstanding instructor in marine service technology. Eligible candidates include those teaching in high schools, postsecondary institutions, or corporate settings. The winner will be announced at the ABYC Foundation’s Educator Forum on Jan. 22, [...]
Leadership Essentials course offered
Published On: September 18, 2024Categories: ATA News, Events, Industry News, NewsA Leadership Essentials online course will take place on Thursdays, Sept. 19-Oct. 10, at 11:30am-1pm CT, as part of the Catalyst Courses for Professional Development from Lake Forest Center for Leadership. Each course will be taught by Jenea Smith, an instructional designer who conducts in-depth job task analyses and needs assessments to identify business goals [...]
ATA introduces PFAS Resource Center
Published On: September 17, 2024Categories: Industry News, NewsPer- and polyfluoroalkyl substances (PFAS) and the regulation of them continue to be one of the top issues facing the textiles industry. Although federal reporting rules have been delayed until next year, there are still a number of state and federal regulations to manage. To help companies in the industry navigate those challenges, Advanced Textiles [...]
Norwalk Boat Show set for Sept. 19-22
Published On: September 12, 2024Categories: Events, Industry News, NewsThe 2024 Discover Boating® Norwalk Boat Show, in partnership with Progressive Insurance®, takes place Sept. 19-22 at Norwalk Cove Marina, Norwalk, Conn., to close out the summer boating season and bolster Q4 new boat sales for the region’s leading dealers and brands. This year’s show returns with more boats and brands for attendees to shop, [...]
Call for proposals for ABYC educator forum
Published On: September 11, 2024Categories: Industry News, NewsThe American Boat & Yacht Council (ABYC) is now accepting proposals for its upcoming Educator Forum meetings, which will take place on October 24 (via Zoom), January 22 (via Zoom), and April 2 (Hybrid–both online and in-person in Annapolis, Maryland). The Educator Forum provides a platform for high school and post-secondary educators, as well as [...]