News

Research Summary

The objectives of this research were to assess the current revenue generation and economic activity due to yachts and the relating activities in Washington State.

Recreational Boating Industry Announces Top Ten States for Boating

June 8, 2011 -- More Americans are planning vacations this summer, approximately 86 percent (three percent higher than 2010) according to a recent TripAdvisor survey, with the nation’s waterways serving as prime destinations.

Legislative Attack on Boat Interest Deduction: Action Needed Now

May 11, 2011 -- The interest deduction for boats as second homes is under fire, and we need to let Members of Congress—particularly House Members—know that this is just plain wrong.

Marine Jobs Bill did not receive a hearing this session

OLYMPIA, WA -- HB 1499 and SB1572 which would have helped boost marine industry jobs and the economy and Washington State did not receive a hearing in the Ways and Means Committee in either the Senate of the House this session.

Florida's sales tax cap helps yacht brokers sell

FLORIDA -- As the economy begins to recover, yacht brokers at the Yacht & Brokerage show yesterday said they’ve gotten quite a boost from the cap on state sales tax that Florida legislators approved last summer.

NYBA makes donation to One Reel Family Fourth at Lake Union

The NYBA Board of Directors voted unanimously to donate to the 2011 Fourth of July fireworks over Lake Union in Seattle. Donations still needed, pledge today.

Earnings Reports Turn Positive

February 20, 2011 -- West Marine's net revenue rose for the fourth quarter and all of 2010 and, while MarineMax reported a dip in revenue, unit sales were up 25 percent.