2024 Miami Innovation Awards Judges Announced, Honors To Take Place At Miami Industry Breakfast On Feb. 15

If you are unable to see the message or images below, click here to view

Shows Certification Advocacy Statistics International Membership Customized Briefing for manoj dole February 2, 2024

FEATURED INDUSTRY NEWS 2024 Miami Innovation Awards Judges Announced, Honors To Take Place At Miami Industry Breakfast On Feb. 15 The NMMA and Boating Writers International (BWI) announced today the panel of judges set to evaluate product entries for the 2024 Miami Innovation Awards. As one of the industry’s most prestigious honors, the Miami Innovation Awards recognize manufacturers and suppliers who bring new, innovative products for the boating industry to market. Read More NMMA Welcomed New Members In January NMMA is proud to welcome 9 new members in January. As members of NMMA, our new, valued stakeholders have taken an active role in the success and vitality of the marine industry. Read More LEADING ECONOMIC AND POLICY NEWS US Worker Output Rises Over 3% For Third Straight Quarter, Easing Inflation Fears Reuters reports output per worker – “a key gauge of how fast the economy can grow without rising inflation” – rose 3.2% in the last quarter of 2023, the third quarter of productivity gains above 3% in a series that averaged about 1% from 2010 through 2019. These above-average productivity gains “may help buttress the Federal Reserve’s faith that inflation is contained and further open the door to interest rate cuts policymakers anticipate will start in coming months.” Stocks Recoup Some Of Wednesday’s Losses CNBC reports that on Thursday, the major stock indices “recover[ed] from a brutal sell-off after the Federal Reserve held steady on rates but signaled that a March cut is unlikely.” The Dow Jones Industrial Average “added 369.54 points, or 0.97% to close at 38,519.84. It was a fresh record close for the blue-chip index, which also wiped its losses from a day earlier.” The S&P 500 “added 1.25% to 4,906.19,” and the Nasdaq Composite “gained 1.3% to finish the session at 15,361.64.” On Wednesday, the DJIA “fell 317 points, or 0.8%, posting its worst day since December. “The S&P 500 “slid 1.6% on Wednesday in its worst day since September,” and the Nasdaq “lost 2.2%, its worst session since October.” US Job Openings Unexpectedly Rose In December Fox Business reports, “U.S. job openings unexpectedly rose in December to the highest level in three months, underscoring the resilience of the labor market even in the face of higher interest rates.” However, “policymakers have signaled that their rate-hike campaign has finally come to an end – and that they could soon pivot to reducing rates.” LPL Financial chief economist Jeffrey Roach said, “The job market holds the keys to future Fed policy. ... In addition to the solid job market, uncertainty over the impact from Red Sea shipping disruption adds pressure to the Fed as they prepare markets for rate cuts. As of now, markets expect only a 39% chance of a rate cut in March.” Previous Top Stories  • Steady Crowds, Encouraging Sales Reported at Discover Boating New York And Louisville Shows  • Federal Reserve Holds Rates Steady, Not Yet Ready To Cut Rates

Subscriber Tools • Change Email Address • Contact NMMA News Editor • Unsubscribe • Email Help • Archives Advertise with NMMA Currents: Email Our Advertising Team advertise@bulletinmedia.com Click Here For Media Kit

NMMA Currents is a digest of the most important news selected from thousands of sources by the editors of Bulletin Media. The presence of such advertising does not endorse, or imply endorsement of, any products or services by the National Marine Manufacturers Association. This complimentary copy of NMMA Currents was sent to manojdole1.marinefitter@blogger.com as part of your NMMA membership. Your personal data may be used to improve content delivery within this briefing. Do not sell my personal information: if you have a do not sell my information request under the California Consumer Protection Act please go to our CCPA Privacy Notice to see how to contact us. To see how we protect our data, for any questions on data access, or your rights under the CCPA, including the right to not sell your information, please view BulletinMedia's privacy policy or CCPA Privacy Notice. Neither Bulletin Media nor the National Marine Manufacturers Association is liable for the use of or reliance on any information contained in this briefing. Send any questions or feedback about NMMA Currents to PRTeam@nmma.org. For information about other member benefits, please contact NMMA Member Service Center by sending an email to bwelsh@nmma.org. Click here to unsubscribe from Currents. National Marine Manufacturers Association | 231 S. LaSalle Street | Suite 2050 | Chicago, IL 60604 Copyright © 2024 by Bulletin Media| 1785 Greensboro Station | 8th Floor | McLean, VA 22102