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.

Early in Trump era, home buyers willing to commit

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.

Changes in trade policy would have profound ramifications for the marine industry, which not only exports a great deal of product, but also relies to a heavy extent on an international supply chain.

Tariffs, taxes and Trump

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.

Consumer confidence index falls in February

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.

Australian marina honored in accreditation system

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.

Economy adds 227,000 jobs in January

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.

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