Economic Snapshot: Consumer confidence at highest level in 16 years

Following a trend over the last few months of soaring consumer confidence, the index is now at its highest level since December 2000. Consumer confidence Consumer confidence increased from 116.1 in February to 125.6 in March. The Present Situation Index rose from 134.4 to 143.1 and the Expectations Index increased from 103.9 to 113.8. The …
Boating Industry

Economic Snapshot: Consumer confidence rises to 15-year high

Consumer confidence is up again this month, now at its highest level in 15 years. Consumer confidence The Consumer Confidence Index posted another gain in December after a considerable increase in November. The index now stands at 113.7, up from 109.4 last month. The Expectations Index jumped from 94.4 to 105.5 but the Present Situation …
Boating Industry

Economic Snapshot: Consumer confidence at 11-month high

Consumer confidence, which had decreased slightly in July, increased in August by almost five points – from 96.7 to 101.1. This is the index’s highest reading since September 2015. The Present Situation Index jumped from 118.8 to 123.0 and the Expectations Index rose from 82.0 to 86.4. Consumers stating business conditions are “good” increased from …
Boating Industry

Economic Snapshot: Consumer confidence declines after September increase

After a moderate increase in September, consumer confidence declined in October. Consumer confidence has been bouncing back and forth for most of the year, but it remains higher than October 2014 when it was 94.5, the highest level the index had seen since 2007 at the time. Consumer confidence Consumer confidence declined in October, which […]
Boating Industry

Vantage Recreational Finance launches consumer dock & lift financing program

CORAL SPRINGS, Fla. – Vantage Recreational Finance, Inc., (VRF) one of the nation’s fastest growing Marine and RV finance companies, has launched its National Dock and Lift Consumer Financing Program. Vantage Dock & Lift Financing is an exclusive consumer finance program offered by Vantage Recreational Finance. This program was developed due to the increased demand from […]
Boating Industry

Consumer sentiment drops from January high

After hitting an 11-year high in January, consumer sentiment was down slightly in February, according to the Reuters/University of Michigan Survey of Consumers. The 95.4 mark was lower than January’s 98.1, but higher than the preliminary February number of 93.6 released earlier this month. Consumer sentiment is still higher than it has been since before […]
Boating Industry

Economic Snapshot: Small dips in consumer confidence, pending home sales

While consumer confidence and pending home sales both declined this month, both indexes continue to increase year-over-year. The GDP was also revised up from its earlier estimates, which exceeded economists’ expectations. Consumer confidence Consumer confidence dropped to 88.7 in November, down from 94.1 in October. This is the lowest level of optimism since June but […]
Boating Industry