As a key indicator of U.S. consumer confidence continues to reflect the nation’s partisan politics, economy watchers would be wise to follow the money, as in what Americans are willing to buy and how much they’re paying for it.
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.
Every action prompts an equal and opposite reaction — it’s a basic law of physics. Contemplating major tariff and tax overhauls is no different, and the complexities have experts thinking about the ripple effects — from a strengthening dollar to raw material shortages.
A trio of strong reports last week gave U.S. economy watchers reason to cheer — retail sales, building permits and the leading economic index.
It has never been easy for companies to gauge Americans’ willingness to spend, but the nation’s deep partisan political divisions are making that judgment more difficult to render than usual.
The Wall Street Journal reported that the University of Michigan’s preliminary Consumer Sentiment Index for February declined to 95.7 from January’s 98.5, which was the highest level in a decade.
The U.S. economy added 227,000 jobs in January in a show of strength that surprised the experts. The total was the highest in four months and it was significantly more than economists expected.
Gladstone Marina in Queensland, Australia, was awarded four Golden Anchors under the Global Gold Anchor accreditation scheme at a presentation attended by Marina Industries Association and Gladstone Ports Corp. representatives.
The U.S. economy added 227,000 jobs in January — the most in four months and more than economists expected — and the nation’s unemployment rate edged up to 4.8 percent, the Labor Department reported today.
The housing market is always a reliable barometer of the U.S. economy because consumers need more faith in the future to buy a home than to make practically any other purchase they consider.
The day before Donald Trump was inaugurated, the housing market provided further evidence of the confidence Americans continue to have in the U.S. economy.