Economic Snapshot: Builder confidence at 11-year high

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) surged in September, rising to its highest level since before the housing market crash. And while housing starts were down this month, they are still up year over year. Housing Market Index Builder confidence jumped six points to 65 in September, up from a …
Boating Industry

Economic Snapshot: Builder confidence rises two points in August

Builders expect the housing market to continue on an upward trajectory for the remainder of the year. Housing Market Index Builder confidence rose two points to 60 in August, up from a downwardly revised reading of 58 in July. “Builder confidence remains solid in the aftermath of weak GDP reports that were offset by positive …
Boating Industry

Economic Snapshot: Builder confidence rises after four months of stagnation

This increase follows four months of the index holding steady and is the highest reading since January 2016. Housing Market Index Builder confidence in the market for newly constructed single-family homes rose two points to a level of 60 in June. “Builders in many markets across the nation are reporting higher traffic and more committed …
Boating Industry

New categories added for Boat Builder Awards at METS

Two new award categories have been added to this year’s Boat Builder Awards for Business Achievement in association with Raymarine, which is due to take place on November 16, the evening of the second day of the METSTRADE Show in Amsterdam. The Environmental Initiative Award, sponsored by Scott Bader, and the Best Apprenticeship and Training …
Boating Industry

Seminole Marine Group chosen as 2015 Boat Builder of the Year

The United Marine Manufacturers Association named Seminole Marine Group as the 2015 “Boat Builder of the Year” at its annual conference in St. Louis, Missouri. Seminole Marine Group, based in Cairo Georgia, is the maker of the Sailfish line of offshore fishing boats and the SouthWind line of deck boats. The award was presented to […]
Boating Industry

Economic Snapshot: Builder confidence at highest level since 2005

Builder confidence rose this month, returning to levels seen at the end of 2005 near the completion of the housing boom. Builder confidence The Housing Market Index rose three points to 64 in October, the highest the index has seen in nearly a decade. The index has held in the 60s since June 2015. “With […]
Boating Industry

Nominations for Boat Builder and Equipment Manufacturer Collaborative Solution Award now open

LONDON – Nominations are now open for the Boat Builder and Equipment Manufacturer Collaborative Solution Award. The award is the third of six categories at this year’s Boat Builder Awards for Business Achievement, in association with Raymarine and organized jointly by International Boat Industry and METSTRADE. Sponsored by Ultraflex, the award for Boat Builder and Equipment Manufacturer […]
Boating Industry

Economic Snapshot: Builder confidence reaches highest level since 2005

This week we take a look at the state of confidence and optimism for homebuilders and small businesses, both of which look wildly different from one another for the month. Housing market index Builder confidence in July rose to a level of 60, the highest level for the Housing Market Index since November 2005. The […]
Boating Industry

New owner at Turkish yacht builder Proteksan Turquoise

Mohammed Al Barwani has acquired a majority stake in Turkish superyacht builder Proteksan Turquoise. This is the second major investment in the super yacht industry for Dr. Barwani who, since 2010, has been the owner of leading Dutch shipyard Oceanco. “This is a strategic investment to capitalize on the differentiated opportunities in the super yacht […]
Boating Industry