NMMA Welcomes New Members In March

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Shows Certification Advocacy Statistics International Membership Customized Briefing for manoj dole March 27, 2024

FEATURED INDUSTRY NEWS NMMA Welcomes New Members In March NMMA is proud to welcome 6 new members in March. As members of the association, our new, valued stakeholders have taken an active role in the success and vitality of the marine industry. NMMA membership keeps companies connected to issues vital to their business and provides information, resources, programs, and services to help them grow and keep a competitive edge. Read More LEADING ECONOMIC AND POLICY NEWS US Consumer Confidence Holds Steady In March Bloomberg reports, “US consumer confidence held steady in March as Americans were sanguine about their current situations but grew slightly more pessimistic about the outlook.” The consumer confidence index “ticked down to 104.7 from a downwardly revised 104.8 a month earlier,” according to the Conference Board. A separate survey “suggested that consumer sentiment is in somewhat of a holding pattern as voters await November’s outcome for direction on the economy.” Latino Americans Drive Surge In Entrepreneurship The Wall Street Journal reports Latin American immigrants are driving a surge in entrepreneurship in the US, with their business creation rate more than double that of the overall population. Immigrants accounted for 36% of new business launches in 2020, up from 25% in 2019, spurred by opportunities in sectors like services, food, and delivery, particularly during the pandemic. Major Stock Indices, Treasury Yields Both Slide As Investors Await More Inflation Data CNBC reports that the S&P 500 “fell for a third consecutive session on Tuesday. The broader market index slid 0.28% to close at 5,203.58, while the Nasdaq Composite lost 0.42%, finishing at 16,315.70.” The Dow Jones Industrial Average “inched down by 31.31 points, or 0.08%, to settle at 39,282.33.” Previous Top Stories  • Boating, Waterways, And Recreation Supporters Create Action In California’s Capitol  • Federal Reserve Bank Of Chicago President Anticipates Three Rate Cuts this Year

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