The federal Department of Labor said Friday that average hourly earnings rose 2.9 percent last year.
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.
The U.S. economy added 156,000 jobs in December and the nation’s jobless rate rose slightly to 4.7 percent in the last employment report during President Obama’s term of office.
Consumers are happy as the new year begins.
After Donald Trump won the presidential election, the upbeat tone of consumer confidence surveys and the ebullience of stock market investors had economy watchers expecting a strong month of retail sales in November.
Sixteen people graduated from the Intermediate Marina Management course that was held in Abu Dhabi this month.
U.S. financial markets have little doubt that Federal Reserve policymakers will boost interest rates when they conclude their two-day meeting in Washington on Wednesday.
The Federal Reserve finally appears poised to deliver the interest-rate increase U.S. corporations and the financial markets have been waiting for all year.
The U.S. economy added 178,000 jobs in November and the nation’s unemployment rate fell to 4.6 percent, the lowest in more than nine years.
The housing market seemed to be of two minds in October, but there was a report on the public’s post-election mood last week that ought to lift the business community’s spirits as the holiday season begins.
While President-elect Donald Trump’s Cabinet choices and his leadership style attract plenty of attention, outside the spotlight consumers continue to drive U.S. economic growth forward at a steady pace.