Consumer confidence continues to decline - MarineBusinessWorld North America newsletter
by Peter Rendle 1 Jan 08:00 PST
The Consumer Confidence Index © National Marine Manufacturers Association
U.S. consumer confidence weakened for a fifth consecutive month in December, reflecting growing unease about business conditions, jobs and household income, according to the latest report from The Conference Board.
The Consumer Confidence Index declined 3.8 points in December to 89.1, down from an upwardly revised 92.9 in November.
The Marine Retailers Association of the Americas (MRAA) recently announced the formation of a "Dealership of the Future" Task Force, a multi-stakeholder initiative designed to confront the rapidly intensifying forces reshaping the marine retail business model and to provide dealers with a clear roadmap for long-term success. The Task Force unites respected voices from across the industry — innovative dealers, leading manufacturers, influential partners and MRAA staff — all committed to shaping a more modern and sustainable retail model.
The NMMA is now accepting submissions for the 2026 Miami Innovation Awards, the industry's premier recognition honoring manufacturers and suppliers driving product innovation across recreational boating. Entries are being accepted through January 6. The Miami Innovation Awards program highlights excellence across 21 product categories and offers companies an opportunity to showcase new products to a global audience of marine professionals, media, and consumers.
BRP Inc (TSX/NASDAQ: DOO) acknowledges the Australian Competition and Consumer Commission's (ACCC) decision to oppose the proposed sale of Telwater Pty, Ltd to Yamaha Motor Australia Pty Ltd. In light of the ACCC's decision, BRP remains the owner of Telwater, and will continue to operate this profitable business and offer Australian consumers quality and reliable boats through its iconic brands. Given the size of Telwater's business, BRP confirms this will have no impact on its Fiscal Year 2026 financial guidance.
The National Marine Manufacturers Association (NMMA) recently participated in the American Legislative Exchange Council (ALEC) States & Policy Summit in Fort Worth, Texas, joining state lawmakers, policy experts, and industry leaders for discussions on economic growth, competitiveness, and regulatory modernization. The Summit provided a valuable forum for learning and dialogue around state-level policy trends affecting manufacturing, outdoor recreation, and infrastructure.
The International BoatBuilders' Exhibition and Conference warns the IBEX Education Conference Call for Proposals deadline is approaching. The Conference will offer world-class training, workshops, and technical seminars at the 2026 IBEX Show, to be held October 6-8 at the Tampa Convention Center.
The former Intrepid Sales Center in Dania Beach, Florida, is now officially a MarineMax location, known as MarineMax Harbour Towne. Located near Fort Lauderdale, MarineMax Harbour Towne is dedicated to serving Intrepid owners and enthusiasts throughout South Florida. Whether you're exploring your first Intrepid or considering an upgrade, the knowledgeable team is there to provide personalized guidance and a relaxed, one-on-one experience.
Finally, I wish all our readers a happy and prosperous New Year.
Peter Rendle - peter.rendle@worldmarine.media