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.

Consumers ‘motoring along,’ seem poised to gain speed

American consumers haven’t quit spending. They may not be doing as much of it in department stores as they once did, but the Commerce Department’s April retail sales data and a consumer sentiment report combined last week to produce some of the best news the economy has received this year.

Are consumers warming to spring spending tasks?

Few important economic reports are due this week and we’ll have to wait until Friday to see them, but we should pay close attention to retail sales data for April and the University of Michigan’s preliminary Consumer Sentiment Index for May.

ISS seminar on travel set for Italian show

The International Superyacht Society said YachtInfo — its educational platform — will present a seminar on visiting Norway and Cuba today during the MYBA’s 28th annual Charter Show in Genoa, Italy.

Consumer confidence drops in April

Consumer confidence slipped in April more than economists expected as the public proved to be less optimistic about the economy in the short term than they were last month.

Housing market hunts for momentum

There are few economic indicators more telling than home purchases. When sales are rising, they confirm that consumers have money to spend, they feel secure in their jobs and they’re optimistic about the future.

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