Economic Snapshot: Small business optimism at its highest level since 2004

December marked the second consecutive month of record-breaking small business optimism, now at its highest level in over 12 years. NFIB Small Business Optimism Index The National Federation of Independent Business Index of Small Business Optimism reached 105.8 in December, increasing 7.4 percent and rocketing the index to its highest level since 2004. “We haven’t …
Boating Industry

Suncoast Boat Show reports largest event since 2001

This year’s 34th annual Suncoast Boat Show at Marina Jack in downtown Sarasota was the largest since 2001 in terms of the number of boats and exhibitors on display, show organizers said. The total number of boats in-water, including new and previously owned boats, was up 5 percent over last year’s show. The number of …
Boating Industry

Economic Snapshot: Builder confidence at highest level since 2005

Builder confidence rose this month, returning to levels seen at the end of 2005 near the completion of the housing boom. Builder confidence The Housing Market Index rose three points to 64 in October, the highest the index has seen in nearly a decade. The index has held in the 60s since June 2015. “With […]
Boating Industry

Economic Snapshot: Builder confidence reaches highest level since 2005

This week we take a look at the state of confidence and optimism for homebuilders and small businesses, both of which look wildly different from one another for the month. Housing market index Builder confidence in July rose to a level of 60, the highest level for the Housing Market Index since November 2005. The […]
Boating Industry

Job creation on best pace since 1999 as unemployment drops below 6%

The national unemployment rate dropped to 5.9 percent in September as employers created 248,000 more jobs, the Bureau of Labor Statistics reported Friday. At the current pace, the economy would add 2.72 million jobs this year, the highest level in 15 years. The 5.9 percent unemployment rate is also the lowest since July 2008 and […]
Boating Industry