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.

Federal Reserve figures to stay on the sidelines — for now

Trying to guess what the Federal Reserve will do is among economy watchers’ favorite sports, and this week — just before the NCAA men’s basketball tournament starts — is a good time to tune in and see whether we’re looking at business conditions the way the central bank is.

Colombia conference names keynote speakers

The 2016 International Nautical Congress of Colombia confirmed a roster of keynote speakers for the one-time summit, which is scheduled for April 27-29 in Cartagena de Indias.

Yacht-recycling conference returns in November

Organizers of the inaugural Future of Yacht Recycling Conference, which was staged by Quaynote Communications and YachtMedia on the day before the 2015 Marine Equipment Trade Show in Amsterdam, are planning a second conference this November.

Fresh reports quiet recession fears, help markets to heal

Amid the global jitters that rattled the financial markets at the start of the year, optimistic economists offered assurances that the U.S. economy was reasonably healthy and didn’t deserve the bad rap the markets effectively were giving it.

Job gains keep unemployment at 4.9 percent

The U.S. economy created 242,000 new jobs in February, exceeding economists’ expectations, but the average hourly wage and the number of hours that people worked declined.

Several dealers at January’s Toronto Boat Show say currency issues are making boat sales more difficult.

A chilling effect on Canadian sales

As the U.S. dollar has continued to strengthen, Canada’s dollar has been subject to dramatic fluctuations. That has created hesitancy among Canadian consumers and is a problem for dealers, who have been forced to hedge to attempt to offset the spikes and dips.

Consumer confidence falls in February

Consumer confidence tumbled this month, falling to its lowest level since last July as The Conference Board’s monthly survey found that people were apprehensive about business conditions and job prospects and concerned about turbulence in the stock markets.

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