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NMMA Joins Oregon Families For Boating For Second Annual Advocacy Day

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FEATURED INDUSTRY NEWS

NMMA Joins Oregon Families For Boating For Second Annual Advocacy Day

Last week, NMMA and Oregon Families for Boating (OFFB) partnered together for the group’s annual Advocacy Day in Salem, Oregon. Joined by the Marine Retailers of the Americas Association (MRAA) and Water Sports Industry Association (WSIA), the coalition met with over 20 Oregon legislators from the House and Senate and their staff to discuss legislative opportunities for recreational boating across the state. Read More

LEADING ECONOMIC AND POLICY NEWS

Fed Survey Finds Increased Optimism About Credit Access Among Consumers, Though Inflation Concerns Remain

PYMNTS reports US consumers more optimistic about their access to credit, according to the January 2024 Survey of Consumer Expectations released by the Federal Reserve Bank of New York’s Center for Microeconomic Data on Monday. ā€œPerceptions of credit access compared to a year ago improved notably with a decreased share of respondents reporting that it is more difficult to obtain credit now than a year ago, and a larger share reporting that it is now easier to do so,ā€ the report said. However, ā€œthe survey also found that median inflation expectations were unchanged at the one- and five-year ahead horizons, while that metric declined at the three-year mark.ā€

IMF Head ā€œVery Confidentā€ On Soft Landing, Sees Rate Cuts Coming

Reuters reports the IMF is ā€œnow ā€˜very confident’ the global economy will see a soft landing, its managing director Kristalina Georgieva said on Monday, adding that interest rates would start coming down around mid year.ā€ She said at the World Governments Summit in Dubai, ā€œWe are very confident that the world economy is now poised for this soft landing we have been dreaming for,ā€ after some of the sharpest interest rate hikes in decades. She added, ā€œI expect to see by mid year interest rates going in the direction inflation has been going on for the last year.ā€

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