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.

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.

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.

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