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FEATURED INDUSTRY NEWSDiscover Boating Boater Safety And Education Video Awarded For ExcellenceLast week, NMMA attended the annual International Boating and Water Safety Summit (IBWSS) in Albuquerque, New Mexico. IBWSS is presented by the National Safe Boating Council in partnership with the US Coast Guard. With its focus on thought leadership, collaboration, and industry excellence, this international summit attracts leaders in recreational boating safety from around the world. Read More MRAA Partner Perspectives Video Series Offers Marine Industry InsightsThe Marine Retailers Association of the Americas (MRAA) announces a new video series with prominent marine industry leaders called MRAA Partner Perspectives that shares insights about the business of boating and the recreational boating markets they serve. The Partner Perspectives videos, hosted by Alan Wendt, a journalist and Soundings Trade Only contributor, feature candid Q&A-style interviews with boat manufacturers, suppliers and service providers that exhibited at MRAAās most recent Dealer Week Conference and Expo. Read More LEADING ECONOMIC AND POLICY NEWSCollapse Of Baltimoreās Key Bridge Forces Shippers And Truckers To Find Alternate RoutesThe New York Times reports on the effort to route shipping around Baltimore with the collapse of the Key bridge, which āclosed most of the Port of Baltimore, which last year handled 1.3 million tons of farm and construction machinery and 850,000 cars and light trucks.ā According to the Times, āthe trucking industry is under immense stress with executives saying they are struggling to get drivers and loads to where they are needed on time and without losing money.ā Meanwhile, Reuters reports Danish shipping group Maersk said on Wednesday that the āBaltimore portās alternate shipping channels are not deep enough to accommodate the oceangoing container vessels.ā WSJ Surveys Economists On 2024 ForecastsThe Wall Street Journal reports that its latest quarterly survey of economists found that growth has exceeded expectations, but job creation is likely to slow down soon. Additionally, economists have adjusted estimates for inflation and interest rates upward, casting doubt on rate cuts by the Federal Reserve. NYTimes Columnist: Second Biden Term Will Bring āMore Of The Sameā Economic PoliciesPeter Coy writes at the New York Times that a second term for President Biden would involve āmore of the sameā economic policy. He argues that the economy is āalready good by standard measures...itās just that many voters donāt see it that way.ā He adds that āBidenās plan continues to adopt the priorities of the progressive wing of the Democratic Party,ā including the claim āthat corporate greed is a major factor in high inflation.ā Previous Top Stories | |||||||||||
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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 March 25, 2024 FEATURED INDUSTRY NEWS Early Bird Registration For The American Boating Congress Closes April 1 Early bird registration for the American Boating Congress (ABC) closes on April 1, 2024. This is your final chance to take advantage of discounted rates and secure your spot at our industryās premier advocacy event. Read More LEADING ECONOMIC AND POLICY NEWS Fed Signals Possibility Of Rate Cuts To Prevent Rising Unemployment Bloomberg reports the Federal Reserve āis signaling a willingness to cut rates to head off a job-cutting spiral ā even if that means somewhat higher inflation for a while....
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