This document summarizes information presented at an industry leaders event on Wednesday, September 22, 2010. It discusses average household debt and income statistics, Robert Kiyosoki's cash flow quadrant model of business ownership, and profiles the leadership and rapid growth of a multi-level marketing company selling fruit juice drinks and nutritional supplements called MonaVie. Key points include MonaVie being ranked the #1 food and beverage company and providing various compensation plans and incentives for distributors, including retail profits, bonuses, and luxury rewards like cars and exotic trips.
The document discusses the global economic crisis that occurred from 2007 to 2009. It defines a global economic crisis as a situation where the value of financial institutions or assets drops rapidly. The effects included the collapse of large financial institutions, government bailouts of banks, downturns in stock markets worldwide, and problems in the housing market and prolonged unemployment. Factors that contributed to the crisis included housing bubbles in several countries, bad financial regulation, and sovereign debt crises. The conclusion encourages understanding economic crises to help prevent future ones.
Luis Mejia outlines a budget project that includes the essential expenses for a new home, car, phone and health insurance. For his house, he found a very affordable $8.37 monthly mortgage on a home in Austin. His car is a 2011 Ford Fiesta that costs $243 per month plus $126.59 for insurance. An AT&T bundle provides cable, phone and internet for $91.94 total. Health insurance through Celtic is $61.53 monthly and he obtained a Chase credit card for rewards points.
The document discusses field sobriety tests that can be administered in a marine environment to detect boating under the influence (BUI). It describes studies conducted by the Southern California Research Institute in the 1970s/80s and by the US Coast Guard in 1987 to validate field sobriety tests used on water. Based on these studies, a battery of 4 tests (Horizontal Gaze Nystagmus, Finger to Nose, Palm Pat, Hand Coordination) were identified and further validated in a 2009 study on Lake of the Ozarks, Missouri which found positive results on these tests indicate a 90-91% probability that the suspect's BAC is over the legal limit of 0.08.
This document provides information about hull identification numbers (HINs), including their purpose, required formats, and examples showing why validation and verification of HINs is important. It discusses:
- Regulations requiring manufacturers to affix primary and duplicate HINs meeting certain formatting standards.
- Ohio's process for validating HINs, which involves tracing, photos, physical inspection, and researching manufacturers.
- Examples of incorrect or invalid HIN formats, plates from different boats, and falsified HINs that show why verification is needed.
- How knowledge of manufacturer coding practices is crucial for accurately validating HINs.
The United States Coast Guard developed the Vessel Identification System (VIS) in 1988 to allow information sharing about vessels between states and federal agencies. VIS collects registration and ownership data from participating states and the Coast Guard to identify vessels. States can access this consolidated data through VIS to identify vessel ownership history across state lines. Accessing VIS requires submitting a user request form for login credentials. The system is accessed through a web browser at a provided URL.
The yacht market has slowed down since 2008. While the number of American boaters has increased to over 76 million, representing 23.8% of the population, fewer new boats are being built and the average age of boats has risen to 21 years old. Fewer sales and an increased inventory of brokerage boats on the market indicate hesitancy among potential buyers despite low interest rates and financing available. The overall market is not dead but growth is slow with pent-up demand from younger generations once economic conditions continue improving.
This document summarizes information presented at an industry leaders event on Wednesday, September 22, 2010. It discusses average household debt and income statistics, Robert Kiyosoki's cash flow quadrant model of business ownership, and profiles the leadership and rapid growth of a multi-level marketing company selling fruit juice drinks and nutritional supplements called MonaVie. Key points include MonaVie being ranked the #1 food and beverage company and providing various compensation plans and incentives for distributors, including retail profits, bonuses, and luxury rewards like cars and exotic trips.
The document discusses the global economic crisis that occurred from 2007 to 2009. It defines a global economic crisis as a situation where the value of financial institutions or assets drops rapidly. The effects included the collapse of large financial institutions, government bailouts of banks, downturns in stock markets worldwide, and problems in the housing market and prolonged unemployment. Factors that contributed to the crisis included housing bubbles in several countries, bad financial regulation, and sovereign debt crises. The conclusion encourages understanding economic crises to help prevent future ones.
Luis Mejia outlines a budget project that includes the essential expenses for a new home, car, phone and health insurance. For his house, he found a very affordable $8.37 monthly mortgage on a home in Austin. His car is a 2011 Ford Fiesta that costs $243 per month plus $126.59 for insurance. An AT&T bundle provides cable, phone and internet for $91.94 total. Health insurance through Celtic is $61.53 monthly and he obtained a Chase credit card for rewards points.
The document discusses field sobriety tests that can be administered in a marine environment to detect boating under the influence (BUI). It describes studies conducted by the Southern California Research Institute in the 1970s/80s and by the US Coast Guard in 1987 to validate field sobriety tests used on water. Based on these studies, a battery of 4 tests (Horizontal Gaze Nystagmus, Finger to Nose, Palm Pat, Hand Coordination) were identified and further validated in a 2009 study on Lake of the Ozarks, Missouri which found positive results on these tests indicate a 90-91% probability that the suspect's BAC is over the legal limit of 0.08.
This document provides information about hull identification numbers (HINs), including their purpose, required formats, and examples showing why validation and verification of HINs is important. It discusses:
- Regulations requiring manufacturers to affix primary and duplicate HINs meeting certain formatting standards.
- Ohio's process for validating HINs, which involves tracing, photos, physical inspection, and researching manufacturers.
- Examples of incorrect or invalid HIN formats, plates from different boats, and falsified HINs that show why verification is needed.
- How knowledge of manufacturer coding practices is crucial for accurately validating HINs.
The United States Coast Guard developed the Vessel Identification System (VIS) in 1988 to allow information sharing about vessels between states and federal agencies. VIS collects registration and ownership data from participating states and the Coast Guard to identify vessels. States can access this consolidated data through VIS to identify vessel ownership history across state lines. Accessing VIS requires submitting a user request form for login credentials. The system is accessed through a web browser at a provided URL.
The yacht market has slowed down since 2008. While the number of American boaters has increased to over 76 million, representing 23.8% of the population, fewer new boats are being built and the average age of boats has risen to 21 years old. Fewer sales and an increased inventory of brokerage boats on the market indicate hesitancy among potential buyers despite low interest rates and financing available. The overall market is not dead but growth is slow with pent-up demand from younger generations once economic conditions continue improving.
Always Ready – A Televised Life Jacket Wear CampaignNASBLA
This session will present recreational boating safety’s new 30-second life jacket TV commercial, Always Ready, scheduled for distribution on fishing programs this summer. The commercials are scheduled to broadcast more than 1,100 times on seven popular television networks including the Discovery Channel and the Outdoor Channel with a total audience of 238.1 million American households. Fishing is one of America’s most popular activities and anglers are one of boating’s most at-risk groups – in 2020 35.3% of fatal boating incidents occurred during fishing outings. The 30-second Always Ready commercials are supported by a longer web-based docu-mercial each reminding anglers to always wear a life jacket while boating. This short session will share the campaign’s creative content and early results. If time allows, additional Water Sports Foundation life jacket outreach materials will be presented encouraging attendees to use them freely!
Speaker: Jim Emmons, Water Sports Foundation, Executive Director
A Professional Angler’s Take on Boating SafetyNASBLA
Hunter will share how his boating accident resulted in a full-time career in the fishing industry. Hear how Hunter's experiences in the for-profit and tournament sector of the fishing industry have led to new communication techniques to effectively deliver the boating safety message. Join him for tips and tricks on how we can effectively market to our target demographics in order to reduce water related tragedies.
Speaker: Hunter Bland, Yamaha Motor Corporation, USA, Boating Safety Ambassador & Professional Bass Angler
One in five American families started a new outdoor habit during the pandemic, new research shows. The boating industry is booming as Americans turn to the water, and there’s no sign of the momentum slowing. With each of our programs, we work towards fulfilling our vision of helping create a safe experience for recreational boaters. The Safe Boating Campaign had to course adjust over the last two summers from an in-person grassroots outreach approach to a robust digital campaign, along with creative ways to reach boaters at launch points. The Life Jacket is the star of the show as you’ll see in our marketing content.
Speaker: Peg Phillips, National Safe Boating Council, Executive Director
Get the drift on a new program for boaters to assist the U.S. Coast Guard, local sheriff marine units and the Fish and Wildlife Commission. Aqua Alert would provide authorities with volunteers for those unique situations when extra “eyes on the water” would help during a lost at sea search. The inspiration, the Aqua Alert Pilot Program and the nation-wide vision, will be featured in this presentation. Bringing additional hope to water searches, these volunteers could be the answer to prayers.
Speaker: Judy Schink, Aqua Alert
Rapid Changing Cover Designs Enhance User WearabilityNASBLA
Rapidly changing life preserver cover designs aim to enhance user wearability by addressing typical complaints about styles and materials. Newer coated fabrics are lighter, softer, and more flexible than traditional stiff, heavy materials like coated vinyl. Fabric technology has advanced from early TPU generations to lighter membranes and softer polymers in newer versions. Continued innovation will require navigating UL testing standards for incremental and disruptive changes to components and materials.
How Product Evolution is Increasing Safety on the WaterNASBLA
Join this session to hear from WSIA’s Lee Gatts as he discusses recent legislation affecting the towed water sports industry and how new products in the market are increasing safety on the water but also creating new challenges to education and operation.
Speaker: Lee Gatts, Water Sports Industry Association (WSIA), Director of Government Affairs
Regulatory Framework in Europe & the Changes Related to Brexit for PFD'sNASBLA
This session will focus on the regulatory framework surrounding placing PFD’s on the market within the European Union and what is legally required by manufacturers in order to attach the CE mark or Wheelmark to their products. The session will then focus on the legislative changes for placing product on the market in the UK following Brexit with guidance on how to use the UKCA or Red Ensign mark and what is required in order to affix these marks to products for placement on the market. The presentation will also provide service offerings from UL which helps customers to meet their legal obligations when looking to place PFD products on the market in the UK and Europe.
Speaker: Michael Kirkland, UL LLC, Senior Staff Engineer
The purpose of this presentation is to update the conference attendees on the R&D project that was conducted by UL to compile data on infant and child manikins currently incorporated into various life jacket certifications standards. With manikins not currently an acceptable path towards certification in North America, this project was conducted to start compiling in-water performance to compare to existing human subject data for currently USCG Approved devices and USCG reference test devices.
Speaker: Christopher James, UL LLC, Principal Engineering Manager
This document provides an overview of UL's business updates for May 2022. It discusses UL's brand presence and leadership in certifying products for safety and sustainability. In 2021, UL issued over 19.8 million personal flotation device labels in the US. The document also outlines UL's testing, inspection, and certification services that can provide global market access under various compliance marks. It lists the PFD team members and their locations in RTP, NC and Warrington, UK.
The Success & Future Plans for the Sea Tow Foundation's Life Jacket Loaner P...NASBLA
The Sea Tow Foundation’s Life Jacket Loaner Program began in 2008 and, while there were a number of other loaner programs operating decades before, the Sea Tow Foundation learned from them and has developed a robust program that is easy for local organizations to implement and maintain. As we enter our 14th summer, the Sea Tow Foundation has been able to establish life jacket loaner stations in all 50 states as well as in D.C., American Samoa and the Virgin Islands and that is something that no other life loaner program can claim. Our other successes will be presented as well as discussion of our future plans for the Life Jacket Loaner Program in this session.
Speaker: Gail Kulp, Sea Tow Foundation, Executive Director
LJA and the U.S. National Water Safety Action PlanNASBLA
The U.S. National Water Safety Action Plan (USNWSAP) will be a strategic, evidence-informed plan, created by experts in drowning prevention and informed by water safety stakeholders and practitioners from across the country, aimed at preventing drowning in the USA. Considering that most prevention needs to happen at the subnational level, the USNWSAP will be a model- based plan, focusing on providing guidance on what a model water safety community, county, and state should look like, as well as identifying national level activities that guide and support subnational efforts. The Life Jacket Working Group has identified 23 recommendations to be included in the USNWSAP.
Speaker: Christopher Stec
The Life Jacket Association website provides information about life jackets to recreational boating safety professionals and the public. The website was launched with grant funding from the US Coast Guard. For professionals, it offers training tools, outreach materials, and information on legal requirements and new life jacket labels. For the public, it explains life jacket styles, purchasing tips, and state laws. It aims to educate about the importance of life jacket use through comparison of old and new label systems. Frequently asked professional questions center around terminology changes and ensuring state law and compliance updates with the new labels.
State Boating Safety & Marine Law Enforcement OutreachNASBLA
We will briefly discuss how two players on the same team approach life jacket messaging. Our officers enforce life jacket laws and encourage the wearing of life jackets. As an outreach coordinator, we remind people of the legal requirements for life jackets when boating, but our main focus is on encouraging everyone to wear a life jacket. This is a different message than delivering the message of mandatory carriage or wear. Our goal is to give a better perspective on the opportunities and challenges the states have in the world of PFDs.
Speaker: Brian Rehwinkle, Florida Fish and Wildlife Conservation Commission, Outreach & Education Coordinator
This document provides an agenda and logistical information for the Life Jacket Association's annual conference being held May 14-16, 2019 at the Sirata Beach Resort in St. Pete Beach, Florida. The agenda includes presentations, networking activities, and business meetings. Sponsors and board members are recognized. The purpose and mission of the Life Jacket Association is outlined as advancing boating safety through education, standards development, and increasing life jacket usage. An overview is given of the association's activities over the past year and goals for the upcoming year.
The document discusses the regulatory landscape for product safety. It identifies several federal agencies in the United States that evaluate new products, including the Consumer Product Safety Commission and Departments of Transportation, Commerce, and Labor. It also notes requirements from state regulations, third-party certifiers, retailers, and foreign countries that must be considered during the product safety evaluation process. Meeting these various compliance standards is necessary to safely design, manufacture and sell consumer goods.
The Label Surcharge Fund was established in 2006 by life jacket manufacturers and testing laboratories to fund projects that benefit the life jacket industry and consumers. As of April 2019, the fund balance was $120,723. In 2014, stakeholders identified several priority areas for research and initiatives, including life jacket testing optimization, youth sizing requirements, and public education. Recent funded projects included workshops on engaging consumers during the transition to new standards. Going forward, a new committee will prioritize remaining initiatives and potentially hire a project manager to oversee operations.
Euro Cup Group E Preview, Team Strategies, Key Players, and Tactical Insights...Eticketing.co
We offer Euro Cup Tickets to admirers who can get Belgium vs Romania Tickets through our trusted online ticketing marketplace. Eticketing.co is the most reliable source for booking Euro Cup Final Tickets. Sign up for the latest Euro Cup Germany Ticket alert.
Olympic 2024 Key Players and Teams to Watch in Men's and Women's Football at ...Eticketing.co
Olympic 2024 fans worldwide can book Olympic Football Tickets from our online platforms e-ticketing. co. Fans can book Olympic Tickets on our website at discounted prices. Experience the thrill of the Games in Paris and support your favorites athletes as they compete for glory.
Always Ready – A Televised Life Jacket Wear CampaignNASBLA
This session will present recreational boating safety’s new 30-second life jacket TV commercial, Always Ready, scheduled for distribution on fishing programs this summer. The commercials are scheduled to broadcast more than 1,100 times on seven popular television networks including the Discovery Channel and the Outdoor Channel with a total audience of 238.1 million American households. Fishing is one of America’s most popular activities and anglers are one of boating’s most at-risk groups – in 2020 35.3% of fatal boating incidents occurred during fishing outings. The 30-second Always Ready commercials are supported by a longer web-based docu-mercial each reminding anglers to always wear a life jacket while boating. This short session will share the campaign’s creative content and early results. If time allows, additional Water Sports Foundation life jacket outreach materials will be presented encouraging attendees to use them freely!
Speaker: Jim Emmons, Water Sports Foundation, Executive Director
A Professional Angler’s Take on Boating SafetyNASBLA
Hunter will share how his boating accident resulted in a full-time career in the fishing industry. Hear how Hunter's experiences in the for-profit and tournament sector of the fishing industry have led to new communication techniques to effectively deliver the boating safety message. Join him for tips and tricks on how we can effectively market to our target demographics in order to reduce water related tragedies.
Speaker: Hunter Bland, Yamaha Motor Corporation, USA, Boating Safety Ambassador & Professional Bass Angler
One in five American families started a new outdoor habit during the pandemic, new research shows. The boating industry is booming as Americans turn to the water, and there’s no sign of the momentum slowing. With each of our programs, we work towards fulfilling our vision of helping create a safe experience for recreational boaters. The Safe Boating Campaign had to course adjust over the last two summers from an in-person grassroots outreach approach to a robust digital campaign, along with creative ways to reach boaters at launch points. The Life Jacket is the star of the show as you’ll see in our marketing content.
Speaker: Peg Phillips, National Safe Boating Council, Executive Director
Get the drift on a new program for boaters to assist the U.S. Coast Guard, local sheriff marine units and the Fish and Wildlife Commission. Aqua Alert would provide authorities with volunteers for those unique situations when extra “eyes on the water” would help during a lost at sea search. The inspiration, the Aqua Alert Pilot Program and the nation-wide vision, will be featured in this presentation. Bringing additional hope to water searches, these volunteers could be the answer to prayers.
Speaker: Judy Schink, Aqua Alert
Rapid Changing Cover Designs Enhance User WearabilityNASBLA
Rapidly changing life preserver cover designs aim to enhance user wearability by addressing typical complaints about styles and materials. Newer coated fabrics are lighter, softer, and more flexible than traditional stiff, heavy materials like coated vinyl. Fabric technology has advanced from early TPU generations to lighter membranes and softer polymers in newer versions. Continued innovation will require navigating UL testing standards for incremental and disruptive changes to components and materials.
How Product Evolution is Increasing Safety on the WaterNASBLA
Join this session to hear from WSIA’s Lee Gatts as he discusses recent legislation affecting the towed water sports industry and how new products in the market are increasing safety on the water but also creating new challenges to education and operation.
Speaker: Lee Gatts, Water Sports Industry Association (WSIA), Director of Government Affairs
Regulatory Framework in Europe & the Changes Related to Brexit for PFD'sNASBLA
This session will focus on the regulatory framework surrounding placing PFD’s on the market within the European Union and what is legally required by manufacturers in order to attach the CE mark or Wheelmark to their products. The session will then focus on the legislative changes for placing product on the market in the UK following Brexit with guidance on how to use the UKCA or Red Ensign mark and what is required in order to affix these marks to products for placement on the market. The presentation will also provide service offerings from UL which helps customers to meet their legal obligations when looking to place PFD products on the market in the UK and Europe.
Speaker: Michael Kirkland, UL LLC, Senior Staff Engineer
The purpose of this presentation is to update the conference attendees on the R&D project that was conducted by UL to compile data on infant and child manikins currently incorporated into various life jacket certifications standards. With manikins not currently an acceptable path towards certification in North America, this project was conducted to start compiling in-water performance to compare to existing human subject data for currently USCG Approved devices and USCG reference test devices.
Speaker: Christopher James, UL LLC, Principal Engineering Manager
This document provides an overview of UL's business updates for May 2022. It discusses UL's brand presence and leadership in certifying products for safety and sustainability. In 2021, UL issued over 19.8 million personal flotation device labels in the US. The document also outlines UL's testing, inspection, and certification services that can provide global market access under various compliance marks. It lists the PFD team members and their locations in RTP, NC and Warrington, UK.
The Success & Future Plans for the Sea Tow Foundation's Life Jacket Loaner P...NASBLA
The Sea Tow Foundation’s Life Jacket Loaner Program began in 2008 and, while there were a number of other loaner programs operating decades before, the Sea Tow Foundation learned from them and has developed a robust program that is easy for local organizations to implement and maintain. As we enter our 14th summer, the Sea Tow Foundation has been able to establish life jacket loaner stations in all 50 states as well as in D.C., American Samoa and the Virgin Islands and that is something that no other life loaner program can claim. Our other successes will be presented as well as discussion of our future plans for the Life Jacket Loaner Program in this session.
Speaker: Gail Kulp, Sea Tow Foundation, Executive Director
LJA and the U.S. National Water Safety Action PlanNASBLA
The U.S. National Water Safety Action Plan (USNWSAP) will be a strategic, evidence-informed plan, created by experts in drowning prevention and informed by water safety stakeholders and practitioners from across the country, aimed at preventing drowning in the USA. Considering that most prevention needs to happen at the subnational level, the USNWSAP will be a model- based plan, focusing on providing guidance on what a model water safety community, county, and state should look like, as well as identifying national level activities that guide and support subnational efforts. The Life Jacket Working Group has identified 23 recommendations to be included in the USNWSAP.
Speaker: Christopher Stec
The Life Jacket Association website provides information about life jackets to recreational boating safety professionals and the public. The website was launched with grant funding from the US Coast Guard. For professionals, it offers training tools, outreach materials, and information on legal requirements and new life jacket labels. For the public, it explains life jacket styles, purchasing tips, and state laws. It aims to educate about the importance of life jacket use through comparison of old and new label systems. Frequently asked professional questions center around terminology changes and ensuring state law and compliance updates with the new labels.
State Boating Safety & Marine Law Enforcement OutreachNASBLA
We will briefly discuss how two players on the same team approach life jacket messaging. Our officers enforce life jacket laws and encourage the wearing of life jackets. As an outreach coordinator, we remind people of the legal requirements for life jackets when boating, but our main focus is on encouraging everyone to wear a life jacket. This is a different message than delivering the message of mandatory carriage or wear. Our goal is to give a better perspective on the opportunities and challenges the states have in the world of PFDs.
Speaker: Brian Rehwinkle, Florida Fish and Wildlife Conservation Commission, Outreach & Education Coordinator
This document provides an agenda and logistical information for the Life Jacket Association's annual conference being held May 14-16, 2019 at the Sirata Beach Resort in St. Pete Beach, Florida. The agenda includes presentations, networking activities, and business meetings. Sponsors and board members are recognized. The purpose and mission of the Life Jacket Association is outlined as advancing boating safety through education, standards development, and increasing life jacket usage. An overview is given of the association's activities over the past year and goals for the upcoming year.
The document discusses the regulatory landscape for product safety. It identifies several federal agencies in the United States that evaluate new products, including the Consumer Product Safety Commission and Departments of Transportation, Commerce, and Labor. It also notes requirements from state regulations, third-party certifiers, retailers, and foreign countries that must be considered during the product safety evaluation process. Meeting these various compliance standards is necessary to safely design, manufacture and sell consumer goods.
The Label Surcharge Fund was established in 2006 by life jacket manufacturers and testing laboratories to fund projects that benefit the life jacket industry and consumers. As of April 2019, the fund balance was $120,723. In 2014, stakeholders identified several priority areas for research and initiatives, including life jacket testing optimization, youth sizing requirements, and public education. Recent funded projects included workshops on engaging consumers during the transition to new standards. Going forward, a new committee will prioritize remaining initiatives and potentially hire a project manager to oversee operations.
Euro Cup Group E Preview, Team Strategies, Key Players, and Tactical Insights...Eticketing.co
We offer Euro Cup Tickets to admirers who can get Belgium vs Romania Tickets through our trusted online ticketing marketplace. Eticketing.co is the most reliable source for booking Euro Cup Final Tickets. Sign up for the latest Euro Cup Germany Ticket alert.
Olympic 2024 Key Players and Teams to Watch in Men's and Women's Football at ...Eticketing.co
Olympic 2024 fans worldwide can book Olympic Football Tickets from our online platforms e-ticketing. co. Fans can book Olympic Tickets on our website at discounted prices. Experience the thrill of the Games in Paris and support your favorites athletes as they compete for glory.
Croatia vs Italy Modric's Last Dance Croatia's UEFA Euro 2024 Journey and Ita...Eticketing.co
UEFA Euro 2024 fans worldwide can book Croatia vs Italy Tickets from our online platform www.eticketing.co. Fans can book Euro Cup Germany Tickets on our website at discounted prices.
Croatia's UEFA Euro 2024 Puzzle of Experience versus Youth.docxEuro Cup 2024 Tickets
The Netherlands kicked off their Euro Cup 2024 campaign on Sunday against Poland but will have to navigate the tournament without two pivotal players Frenkie de Jong and Teun Koopmeiners
Here are our Euro 2024 predictions for the group stages
Will England make it through the group stages?, Will Germany use the home advantage to full effect?
Follow our progress, see how many we get right
If you want to join in let us know before the first game kick off and we can invite you to our private league
or join in with our friends at DeeperThanBlue
https://www.linkedin.com/posts/activity-7204868572995538944-qejG
https://www.selectdistinct.co.uk/2024/06/13/euro-2024-match-predictions/
#EURO2024 #Germany2024 #England #EURO2024predictions
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Luciano Spalletti Leads Italy's Transition at UEFA Euro 2024.docxEuro Cup 2024 Tickets
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Boating in the U.S.
1. Boating in the United States – Common Issues 52 nd Annual Meeting of National Association of State Boating Law Administrators September 2011 Dustan McCoy Chairman and Chief Executive Officer Brunswick Corporation
3. September 2011 1965 -1991 Average 400,000 1992 -2006 Average 309,000 ’ 04-’10 -55% Last 5 Years 2006 291,900 2007 267,300 2008 203,000 2009 153,550 2010 139,000 Significant Decline in Demand Bottomed in 2010 U.S. Industry Retail Powerboats (1965 – 2010)
7. September 2011 No. of adults boating (in millions) % of adults boating Source: NMMA 2010 Reflects Highest Level of Participation Since 2000 U.S. Boating Participation History (1990 – 2010)
8. Recreational Boating Participation - 2010 September 2011 Past boating participants and people who do not boat total about 200 million people in the U.S.
9. Reasons Past Participants Have Not Boated in Past 12 Months September 2011 More than 50% of reasons are non-monetary Don't know anyone who owns a boat 32.4% Reduced income 22.6% Time constraints 17.3% Higher cost of living 17.1% Sold my boat 16.2% No longer participate in boating-related activities 16.0% Don't/no longer live near water 14.7% Health reasons 14.2% Lost interest 12.1% Unemployed 11.5% Lost my boating partner (friend) 11.4% Change in work circumstances 11.1% Cost of fuel for boat 10.5%
10. Non - Participants Consideration of Boating September 2011 Have you ever considered going recreational boating?
11. Reasons Why Some Do Not Consider Boating September 2011 Why have you not considered going recreational boating? 75% of reasons are non-monetary No interest 64.9% Don't know anyone who owns a boat 39.9% Don't participate water-based recreational activities 39.6% Afraid of the water 30.7% Health reasons 30.1% Did not boat as a child 25.5% Time constraints 24.6% Cost of boat maintenance 21.0% Don't live near water 18.5% Other reasons 8.7% Cost of fuel 6.0% Cost of boating 0.0%
12. Boating Participation – Exposure to Boating as a Child Drives Adult Participation September 2011 Childhood Boating Experience Current Participant Non - Participant
It appears the overall retail powerboats market has found its bottom during 2010. This is after steep declines since 2004, down 55% from 2004 – 2009. Although some segments continue to struggle, others are seeing growth. These include pontoons and aluminum fish. We will discuss factors contributing to the growth in pontoons throughout the day.
Although retail sales declined drastically until recently, participation in boating remained strong and returned to historic levels in 2010. This is consistent with the increased retail sales in certain segments during the 2010 and 2011 ‘retail’ season. Boating is a passionate industry, there will always be people looking to get onto the water regardless of economic conditions.