#Trim(mainLayout.Name)# Advertising Info Advertising Info

 
News Home Text Only News

 


Sail-World.com : Marine industry peak due in 2014

Marine industry peak due in 2014

'The retail industry will see a peak in 2014.'    MIAA
In a recent research report, Analyst Tim Conder of Wells Fargo predicts a best-case scenario of peak cyclical marine industry retail demand is now in 2014/2015.

He writes: 'Given that (1) Retail credit availability/affordability has only modestly improved YTD, (2) Weakening U.S. consumer confidence/broad retail trends, (3) Uncertain sustainability of European demand coupled w/ adverse FX, (4) Impact that expiring Bush tax cuts/Obamacare taxes will have on demand for 35'+ boats ($250K+ income customer), and (5) Gulf oil spill, we believe a best case scenario of peak cyclical industry retail demand is now in 2014/2015 and ~ 180-200K units.'

Conder predicts 2010 will be down 10 to 15 percent with 10 percent annual growth in 2011-15.




by Media Services

  

Click on the FB Like link to post this story to your FB wall

http://www.marinebusiness-world.com/index.cfm?nid=71577

10:53 PM Mon 5 Jul 2010 GMT



Click here for printer friendly version
Click here to send us feedback or comments about this story.

 
Our Advertisers are committed to our sport, please support them!
This site and its contents are © Copyright TetraMedia Pty. Ltd and/or the original author, photographer etc. All Rights Reserved.

Photographs are copyright by law. If you wish to use or buy a photograph you must contact the photographer directly (there is a hyperlink in most cases to their website, or do a Google search.) with your request.

Please do not contact Sail-World.com as we cannot give permission for use of other photographer’s images.

Only if the photographer named on the image is Sail-world.com, Powerboat-world.com or Marinebusiness-world.com Contact us .
Ph: +61 2 4977 2116 fax: +61 2 4977 2528 or complete our feedback form    Contact us .
   View our Privacy Policy.    [Go Home]     [  Banner Advertising Specification]    [Bot Archive ]

Customised news feeds -Marine Industry companies, Clubs and Associations have their own customised version of our Sail-World news feed on their website.
Look_here_to_see_examples