British yacht and leisure boat builders saw a surge in demand from overseas buyers last year, helping the wider U.K. leisure marine industry to post revenue of about $4.75 billion.
The marine industry is a global enterprise. Builders, dealers, marinas, equipment manufacturers and other businesses are found worldwide, and there are major boat shows on all continents.
New statistics show that despite hurdles involving classification and infrastructure, the value of yacht imports and exports across China’s borders grew 25.7 percent during the last year to $476 million.
Consumer confidence, which had slipped in November, rebounded in December. “Consumer confidence rebounded in December and is now close to pre-government shutdown levels” in September, Lynn Franco, director of economic indicators at The Conference Board, said in a statement. The board’s Consumer Confidence Index was at 78.1 in December, up from 72.0 in November. The…more
New-home sales are on track to be better in 2013 than they have been since 2008, prior to the housing market crash.
Who can name that boat? Brad Pitt and Angelina Jolie have joined the ranks of those who escape with their family on a boat.
House and Senate negotiators unveiled an $85 billion agreement late Tuesday to fund federal agencies through the fall of 2015, averting another government shutdown and bringing potentially welcome news to the marine industry.
The U.S. economy created 203,000 jobs in November as the unemployment rate fell to a 5-year low of 7 percent, the U.S. Bureau of Labor Statistics said today.
Former US Sailing president Gary Jobson will participate in the first Sailing Leadership Forum 2014, which runs Feb. 6-8 at the Hilton San Diego Resort.
Rosalie Bay Resort and Seaborne Airlines, in cooperation with the American Sailing Association, are giving away a free trip for two in the Eastern Caribbean in support of Hands Across the Sea, a non-profit dedicated to raising the literacy levels of children in the Caribbean. The weeklong trip to the Nature Island of Dominica is…more
The Volvo Ocean Race will make its only North American stop in Newport, R.I., in May 2015. Volvo Ocean Race CEO Knut Frostad is scheduled to speak at the Hyatt Regency Newport at 8:30 a.m. Tuesday about “radical changes” to the race and its potential to reach a global audience. The race is a circumnavigation…more