Bureau of Economic Analysis

 Innovation Takes Center Stage as U.S. Boat Sales Cool Following COVID-Era Demand Surge

Retrieved on: 
Thursday, January 11, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240110609636/en/
    Personal watercraft are often a gateway to boating given their entry-level pricing and ease of use.
  • This is specifically driving propulsion technology innovation with boats running on sustainable marine fuels, hydrogen, electric and hybrid propulsion systems.
  • Recreational boating isn’t just for the one percent: 61% of boaters have an annual household income of $100,000 or less.
  • Leading the nation in sales of new powerboat, engine, trailer and accessories in 2022 were the following states:

MaintainX Makes Equipment and Regulatory Downtime a Thing of the Past With $50M in New Funding

Retrieved on: 
Wednesday, December 6, 2023

Following the company's Series B in June 2021, this investment brings total funding to $104 million while achieving a valuation of $1 billion.

Key Points: 
  • Following the company's Series B in June 2021, this investment brings total funding to $104 million while achieving a valuation of $1 billion.
  • View the full release here: https://www.businesswire.com/news/home/20231206379674/en/
    Improve the way your team plans, manages, and executes equipment maintenance with streamlined work order management and resource planning.
  • (Photo: Business Wire)
    The world’s leading manufacturing, industrial, logistics, hospitality and facilities management companies rely on MaintainX to prevent downtime and ensure 24/7 operations.
  • “The insights MaintainX provides improve our decision making, helping us prevent equipment downtime and predict maintenance needs before they become costly problems.

U.S. News & World Report Unveils the 2024 Best Places to Retire Rankings

Retrieved on: 
Tuesday, November 7, 2023

WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2024 Best Places to Retire in the United States. This year's list evaluated the country's 150 most populous metropolitan areas based on how well they meet Americans' expectations for retirement, with measures including Affordability, Health Care, Desirability, Retiree Taxes, Job Market and Overall Happiness. The results are three new places in the top five.

Key Points: 
  • WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2024 Best Places to Retire in the United States.
  • This is why Pennsylvania dominated the Best Places to Retire ranking's top positions, taking seven of the top 10 spots on the list."
  • The 2024 ranking's adjustments made for affordability and retiree taxes allowed Winston-Salem, North Carolina , to soar 19 spots to No.
  • Affordability is the most heavily weighted of the six factors in the 2024 Best Places to Retire methodology , which also includes happiness, health care quality, retiree taxes, desirability and job market ratings.

AgriFORCE Invests in Radical Clean Solutions’ Innovative Food Safety Technology

Retrieved on: 
Wednesday, October 4, 2023

VANCOUVER, British Columbia, Oct. 04, 2023 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP)-focused AgTech company, today announced it has purchased a 14% stake in Radical Clean Solutions (“RCS”). RCS, under the leadership of Roger Slotkin, has developed and is commercializing a suite of proprietary and patent-pending chemical-free Hydroxyl devices that are proven to eliminate pathogens, mold, mildew and VOCs in food production facilities, indoor farms and medical, commercial and home environments.

Key Points: 
  • Hydroxyl technology produces hydroxyl radicals that break down and oxidize pollutants at a molecular level.
  • The hydroxyl radicals then quickly revert back to oxygen and hydrogen, leaving no toxic residues.
  • We believe that RCS’ chemical-free technologies could become a critical component for helping reduce food spoilage, ensuring maximum food safety, employee health and operational efficiency for any facility at which they are deployed.
  • Our hydroxyl technology is dispersed throughout the environment in which it operates, thereby sanitizing all surfaces, materials, equipment and the very air itself.

Compass Lexecon Adds Four Senior Antitrust Professionals in Washington, D.C.

Retrieved on: 
Monday, August 14, 2023

In her role at Compass Lexecon, she will focus on conduct, damages and mergers within antitrust and competition cases.

Key Points: 
  • In her role at Compass Lexecon, she will focus on conduct, damages and mergers within antitrust and competition cases.
  • In his role at Compass Lexecon, Dr. Gaynor will provide services to clients related to antitrust and competition.
  • In his role at Compass Lexecon, Dr. Koc will focus on antitrust litigation, merger reviews, damages and valuation analyses.
  • At Compass Lexecon, Dr. Smith will focus on conduct, damages and mergers related to antitrust and competition cases, as well as class certification.

Global 40-Ft Electric Boat Industry Outlook 2023-2030: Asia-Pacific's Tourism Surge Sparks Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, August 18, 2023

The global 40-ft electric boat market is set to undergo remarkable growth, projected to leap from US$ 1.7 billion in 2022 to an impressive US$ 4.9 billion by 2030.

Key Points: 
  • The global 40-ft electric boat market is set to undergo remarkable growth, projected to leap from US$ 1.7 billion in 2022 to an impressive US$ 4.9 billion by 2030.
  • The region's increasing development of electric boat charging infrastructure, exemplified by Aqua superPower's marine fast-charging installation at Tahoe City Marina in June 2022, is a driving force for market growth.
  • This combination of growing tourism and enhanced charging infrastructure is propelling the 40-ft electric boat market in North America.
  • As tourism continues to surge in the region, demand for the 40-ft electric boat market is expected to follow suit.

Consumer Banks Unable to Slow Technology Talent Drain Despite Substantial Efforts in Recruitment, Reveals Josh Bersin Company Research

Retrieved on: 
Thursday, June 15, 2023

Of the 7,300 tech roles that consumer banks attracted from tech companies, a staggering 7,100 technologists migrated to the technology industry.

Key Points: 
  • Of the 7,300 tech roles that consumer banks attracted from tech companies, a staggering 7,100 technologists migrated to the technology industry.
  • Stella Ioannidou, The Josh Bersin Company Research Director, said:
    "Technology professionals are now as important to banks as finance experts.
  • Janet Mertens, The Josh Bersin Company Senior Vice President of Research, said:
    "The data clearly shows that recruitment alone will not solve this problem.
  • Josh Bersin, global HR research analyst and CEO of The Josh Bersin Company, said:
    "Technology workers are very savvy about 'salary-boosting jobs' that let them work on advanced technology.

Global Online Home Decor Market Report to 2031: Increasing Popularity of Online Shopping Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, May 15, 2023

The growth of the online home decor market can be attributed to various factors, including the increasing popularity of online shopping, rising disposable incomes, and the growing trend of home renovation and interior design.

Key Points: 
  • The growth of the online home decor market can be attributed to various factors, including the increasing popularity of online shopping, rising disposable incomes, and the growing trend of home renovation and interior design.
  • The market presents significant growth opportunities for players in the space, with the furniture segment expected to account for the largest market share.
  • The growing trend of online shopping is another key driver of the online home decor market.
  • Consumers are increasingly turning to online platforms for their home decor needs due to the convenience and ease of shopping online.

TD Ameritrade Investor Movement Index: April Sees Modest Gains in IMX Score

Retrieved on: 
Monday, May 8, 2023

The Investor Movement Index ® (IMXSM) increased to 4.74 in April, up from its score of 4.57 in March.

Key Points: 
  • The Investor Movement Index ® (IMXSM) increased to 4.74 in April, up from its score of 4.57 in March.
  • The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
  • View the full release here: https://www.businesswire.com/news/home/20230508005163/en/
    The reading for the four-week period ending April 28, 2023 ranks “moderate low” compared to historic averages.
  • “Since the start of the year, we’ve seen the IMX score creep up month-over-month, although it remains relatively low,” said Lorraine Gavican-Kerr, Managing Director, Investor Education at TD Ameritrade.

Vista Outdoor Testifies Before Congress on Slate of Recreation Bills

Retrieved on: 
Tuesday, March 28, 2023

ANOKA, Minn., March 28, 2023 /PRNewswire/ -- Vista Outdoor Inc. (NYSE: VSTO), the parent company of 41 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, announced that Fred C. Ferguson, Vice President, Public Affairs and Communications, Vista Outdoor, on Tuesday, March 28, delivered remarks before United States House of Representatives Subcommittee on Federal Lands, asking leadership in Washington to pass several ground-breaking recreation bills.

Key Points: 
  • "Much of our business success, combined with bipartisan outdoor policy wins led by this Subcommittee, has contributed to the growth of the outdoor recreation economy," Ferguson said in his prepared remarks before the Subcommittee.
  • "Vista Outdoor and the Outdoor Recreation Roundtable support each of the bills under consideration today.
  • On May 5, 2022, Vista Outdoor announced that the company plans to separate its Outdoor Products and Sporting Products segments into two independent, publicly traded companies.
  • The company expects to create these companies through a tax-free spin-off of its Outdoor Products segment to Vista Outdoor shareholders.