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.

Poor jobs report likely to keep rate increase at bay

Federal Reserve chairman Janet Yellen said in late May that an interest-rate increase probably will be appropriate “in the coming months” if the economy and job market continue to show steady improvement.

Job growth in May slows to 2010 level

The Labor Department said today that the U.S. economy added only 38,000 jobs in May, the fewest since September 2010, but the jobless rate nonetheless fell to 4.7 percent, partly because of people dropping out of the labor force.

Housing sector on a spring winning streak

Two weeks ago, home resales were the player of the week. Last week, new-home sales stole the spotlight, but seen from either perspective the economy is winning because of contributions from these two heavy-hitting sectors.

Dreamline Yachts adds U.S. distributor

Italian shipyard Dreamline Yachts is partnering with Florida-based Intermarine Yacht Group as its exclusive distributor to open up the U.S. and Canadian markets.

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