Consumer confidence bounced back in August as The Conference Board’s Consumer Confidence Index rose to its highest level since January.
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.
Last week economy watchers appeared to have much to cheer about. Reports on housing starts and home resales in July revealed that both were at their highest levels since 2007, and consumer prices were up only slightly.
Turkish performance powerboat manufacturer Numarine said its Numarine 78 Flybridge M/Y Still Water became the first U.S.-flagged yacht to cruise to Cuba since the trade embargo began in the 1960s.
We’re just a month away from the next Federal Reserve meeting, and Fed watchers are tracking economic reports the way baseball fans engage in scoreboard watching during a pennant race.
After last week’s solid national employment report — 215,000 jobs created in July and an unchanged jobless rate of 5.3 percent — some economy watchers are saying the momentum on interest rates is once again swinging toward an increase by the Federal Reserve in September.
At least 30 boats of all sizes paraded across Rio de Janeiro’s Guanabara Bay on Saturday to protest contamination in the waters where sailing events will be held during the 2016 Olympics.
The job market continued its positive swing in July with 215,000 positions added, according to government data released Friday, providing more evidence of an economy that is slowly but steadily returning to normal.
French authorities seized a Pablo Picasso painting from a yacht belonging to a member of a well-known Spanish banking family that was docked in Corsica.
Not only did China’s benchmark Shanghai Composite Index finish July down 15 percent, the largest monthly decline since the summer of 2009, but also the Chinese economy — the world’s second-largest — is slowing.
Tests conducted over a five-month period found that the waters of Rio de Janeiro, the venue for the 2016 Summer Olympics, are “rife with human sewage” and sickening sailors who are training there.