International News

The marine industry is a global enterprise. Builders, dealers, marinas, equipment manufacturers and other businesses are found worldwide, and there are major boat shows on all continents.

Supply-chain challenge looms as part of new tax policy

Proposals by President Trump and the Republican Party that seek to bring more production and jobs to the United States by changing tax policy could create benefits for manufacturers — but that is with the caveat that they start making supply chain adjustments now.

Consumer and business confidence stay strong

It began after the November election — a wave of confidence that washed over consumers and business owners — and months later two important barometers of economic sentiment show that Americans continue to expect rising growth and prosperity this year.

Growth in home ownership and gains in other economic yardsticks bode well for boat sales.

Politics aside, consumers are spending

President Donald Trump is off to a slow start legislatively and the prospects for the new president’s policy agenda appear uncertain, but the signals American consumers have been sending are sharp and clear.

Consumer sentiment index improves in April

The University of Michigan said today that its preliminary Consumer Sentiment Index for April edged higher, mainly because of improved views of current economic conditions.

Economy adds 98,000 jobs in March

The U.S. economy added 98,000 jobs in March, far fewer than economists expected, but the nation’s unemployment rate fell to 4.5 percent, the Labor Department reported today.

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