The U.S. housing industry sent generally positive signals last week, and that has implications for everyone who sells goods and services to homeowners, including boatbuilders and their dealers.
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.
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.
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.
The International Yacht Brokers Association will host a media event with U.S. Rep. Lois Frankel, D-Fla., on April 25 to update the press and the brokerage community about the effort to remove federal laws barring the sale of foreign-flagged yachts to U.S. citizens in U.S. waters.
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.
Northrop & Johnson hired Netherlands native Toine Kokke as a sales broker.
Economy watchers who became accustomed to seeing monthly U.S. job gains near or above 200,000 were probably blindsided by the Labor Department’s report that 98,000 jobs were added in March — the fewest since last May.
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.
As final preparations and team announcements continue for the Volvo Ocean Race 2017-18, the event’s leadership team is working in tandem to map out the race’s future.
Americans are earning more money, but they weren’t doing a lot of mid-winter spending, and one reason may have been that income tax refund checks from Uncle Sam were slow to arrive.