The annual Conch Republic Cup Key West Cuba Race Week, which the U.S. government stopped after the 2003 edition, is returning as relations between the United States and Cuba stabilize.
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.
Thursday is decision day, but it’s still not clear whether the Federal Reserve plans to raise interest rates this month or which of several factors will be the ones that control the outcome.
Flover hired the public relations firm Martin Flory Group to help debut its line of electric trolling motors in North America and increase its market saturation in Europe.
Elandra Yachts of Australia is joining the ranks of international builders seeking a share of the U.S. market, citing the strength in the market and the U.S. dollar, which makes the yachts more competitively priced, compared to domestic products.
The August jobs numbers — the last major report on the economy that the Federal Reserve will digest before its mid-September meeting — gave economy watchers no clear indication that the central bank is now more likely to raise interest rates this month.
The U.S. economy added 173,000 jobs in August, fewer than economists expected, but the nation’s unemployment rate fell to 5.1 percent, the lowest since April 2008 during the early months of the Great Recession.
Italian marine manufacturers formed Nautica Italiana, which represents 25 brands and aims to bring top companies together to devise a strategy for developing the industry in Italy and internationally.
After fresh data on everything from GDP to new-home sales and consumer confidence lined up last week in favor of growth, economy watchers will wait with particular interest for the August jobs report on Friday.
Former President George H.W. Bush and first lady Barbara Bush set sail Tuesday with the crew of the Impossible Dream, a catamaran designed for sailors with disabilities, giving activists a chance to thank the 41st president for signing the Americans with Disabilities Act into law in the summer of 1990.
Consumer confidence bounced back in August as The Conference Board’s Consumer Confidence Index rose to its highest level since January.