Economy
The Reopening Continues
Economic indicators point to a full recovery with Covid-19 in retreat, but a labor shortage and supply-chain issues remain.
The Reopening Continues
Economic indicators point to a full recovery with Covid-19 in retreat, but a labor shortage and supply-chain issues remain.
Rounding the Last Bend?
As all segments of the economy race to surpass prepandemic levels, a bit of wheelspin is expected to occur, but not for long.
Marine Economy Outpaced Overall U.S. Economy in 2019
America’s “blue economy” accounted for nearly $397 billion or $1.9 of GDP during 2019, with tourism and recreation — including fishing — the top contributor.
Economy Report: Positive Indicators
Despite an up-and-down ride the past few months, economic indicators overall look promising.
One Follows the Other
Demand remains strong in marine, RV and housing. Can vaccinations and new Washington policies lift consumer confidence and the broader economy?
Economy Report: Phases and Stages
Can the Covid-19 vaccine, a new stimulus package and changes in Washington spark a return to a prepandemic normality?
Covid-19 Accelerates Trend Toward Cashless Payments
Pending legislation could prevent businesses from taking cash-only payments.
Hope is in the Mix
Economic indicators remain high, with declines due to the Covid-19 resurgence and lack of another stimulus package.
Outdoor Rec was 2.1% of the Nation’s GDP in 2019
Topped by boating and fishing, outdoor recreation generated $788 billion in economic output.
Good News, At Least for Now
Inflation remains tame, consumer spending is up, and home building is strong with wary eyes on politics and the pandemic.
Economy Report
A macro look at the effects the pandemic is having on consumer confidence and sentiment, spending, small businesses and more.
The Calm Before the Storm?
Although key measures continued on an upward trajectory and unemployment numbers have fallen, the overall outlook for 2020 remains volatile.
Senate Passes Great American Outdoors Act, Providing Billions for Recreation
The legislation will head to the House for consideration.
“An Economic Heavyweight”
NOAA Fisheries study shows a $10.5 billion impact from recreational fishing trips.
World Bank: Global GDP Will Fall 5.2% in 2020, but Rebound by 4.2% in 2021.
The National Association of Manufacturers issued its monthly report.
WSJ: Stock Market and Consumer Sentiment Diverge
Stocks have rebounded dramatically, but consumer sentiment is at its lowest level in nearly a decade.
B. Riley Constructive on Marine Industry
Retail demand has been strengthening week-to-week into the Memorial Day holiday weekend.
Economy Report
Consumer confidence and spending took a hit in April, but short-term expectations for the economy and labor market improved.
