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.

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.

Consumers ‘motoring along,’ seem poised to gain speed

American consumers haven’t quit spending. They may not be doing as much of it in department stores as they once did, but the Commerce Department’s April retail sales data and a consumer sentiment report combined last week to produce some of the best news the economy has received this year.

Are consumers warming to spring spending tasks?

Few important economic reports are due this week and we’ll have to wait until Friday to see them, but we should pay close attention to retail sales data for April and the University of Michigan’s preliminary Consumer Sentiment Index for May.

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