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Why the powerboat industry is sinking.

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Old 07-26-2006, 07:47 PM
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Post Why the powerboat industry is sinking.

Scary article for the powerboat industry.
Brunswick's stock, which fell 14 percent last week, is off more than 40 percent since last summer. And the company has taken the rest of the industry down in its wake.

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Old 07-26-2006, 07:50 PM
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Default Re: Why the powerboat industry is sinking.

Lets see oil headed foer 100 bucks a gallon , ww3 in the middle east hmm
boats use gas hmm ..
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Old 07-26-2006, 09:39 PM
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Default Re: Why the powerboat industry is sinking.

I just look at the local hang-outs on the water and there is about HALF the boats this year compared to years past, it's not going to get any better either.
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Old 07-26-2006, 10:02 PM
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Default Re: Why the powerboat industry is sinking.

Fuel prices extra high insurance or no insurance and outragous prices for new boats....easy to figure out. Does Brunswick do anything with the marine insurance industry to help loby the prices?
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Old 07-26-2006, 10:08 PM
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Default Re: Why the powerboat industry is sinking.

look at the economy , the company i work for is off compared to last year and the year before. but listening to the president economy is in good shape sure it is , if your in the oil buisness
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Old 07-26-2006, 10:15 PM
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Default Re: Why the powerboat industry is sinking.

lobby the insurance industry?????
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Old 07-26-2006, 10:35 PM
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Default Re: Why the powerboat industry is sinking.

Don't forget higher interest rates...
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Old 07-26-2006, 11:09 PM
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Default Re: Why the powerboat industry is sinking.

It has been the same around here very few people boating you go out and there are hardly anybody out a few of us still run every week-end and have the water to ourselves. Baoted in Pittsburgh pa over the week-end and there was hardly any boats out
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Old 07-26-2006, 11:13 PM
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Default Re: Why the powerboat industry is sinking.

just look at all the boats still shrink wrapped
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Old 07-26-2006, 11:14 PM
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Default Re: Why the powerboat industry is sinking.

Quote:
Originally Posted by k24u
It has been the same around here very few people boating you go out and there are hardly anybody out a few of us still run every week-end and have the water to ourselves. Baoted in Pittsburgh pa over the week-end and there was hardly any boats out
Which in hand affects the marina's, restaurant owners, pretty much anyone who is on or near the water.
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