Boat dealers vulnerable to drop in consumer confidence

Published online: Sep 03, 2007 News
Viewed 140 time(s)

Boat, motorcycle and other vehicle dealers ranked 33rd on the list of the 40 most vulnerable industries to a drop in consumer confidence.
Specialized freight trucks (except used goods), motor vehicle metal stamping and automobile and light-duty motor vehicle manufacturing ranked numbers one through three, respectively, on the list.
The 40 industries listed as most vulnerable made the list based on several assumptions, including:
1) Since about 70 percent of U.S. GDP can be attributed to consumer spending, a severe erosion of consumer confidence will obviously foment a drag on the entire economy.
2) This list singles out the industries that are most at risk, should a precipitous decline in confidence occur.
Most industries that reveal clear signs of vulnerability to consumer confidence are driven by discretionary spending.

You May Also Be Interested In...

April 16, 2015

Breaking News

The National Marine Manufacturers Association canceled the Progressive Chicago In-Water Boat Show, which was set to take place June 11-14, and will stop producing the annual show.
April 16, 2015

West Marine announces new "Deck Out Dad" social media contest

West Marine has launched a new social media campaign called Deck Out Dad!
April 03, 2015

66 Days At Sea

We are happy to report that after being adrift at sea and lost for 66 days, Louis Jordan has been rescued 200 miles off the coast of South Carolina.
April 01, 2015

JC Manufacturing becomes JC TriToon Marine

Formerly known as JC Manufacturing, the Indiana-based pontoon manufacturer has officially changed its name to JC TriToon Marine.
March 31, 2015

Cascade Cycleboats launches pedal-powered boat tours

A rickshaw by any other name...wouldn't be a rickshaw anymore, I guess. But Cascade Cycleboats certainly evoke those three-wheeled conveyances of years past.
March 19, 2015

Carefree Boat Club adds location in Georgia

Carefree Boat Club has just opened a brand new location, adding to its ever-growing lineup.
Follow us on Facebook!  Follow us on Instagram!  Follow us on Twitter!  Follow us on YouTube!