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Employment gains continue to increase slowly month-by-month but are still moving in the right direction. This month, unemployment dipped marginally after a decline in July. Employment situation Total nonfarm payroll employment increased by 173,000 in August and the unemployment rate decreased to 5.1 percent. The number of unemployed persons declined to 8.0 million. Over the year, the unemployment rate and the ...

“If I would have asked people what they wanted, they would have said faster horses” - Henry Ford I love this quote from Henry Ford. Often, it’s not what people say they want that is their true desire. As business owners, it is our job to deliver what they really want, not just what they say they want. If you ...

The deadline to register for MDCE and receive the Early Bird Discount is on September 18. Early registrants receive a discount of $25 off their MDCE registration. For MRAA members, this discount is received on top of their $75 membership discount. This year’s event, which is scheduled to take place Nov. 15-18 at the Orange County Convention Center, Rosen Plaza ...

The Canadian economy shrank in the second quarter, putting the country in a recession for the first time since the financial crisis of 2008-2009, Reuters reports. Gross domestic product contracted at an annualized rate of 0.5 percent in the second quarter, according to Statistics Canada. While this was better than the original forecast, the first quarter’s contraction was revised to ...

Do you have a problem getting your advertising and marketing dollars to drive any new leads? Are you sick of spending tons of money on social media, print media, TV and radio, even online pay per click and retargeting campaigns? The ad agency keeps telling you that you’re getting your name out there like that is supposed to pay the ...

Volvo Penta unveiled its latest engines last week, showing off next-generation V8s and V6s at a media event in Virginia. The new sterndrive engines are based on the General Motors Gen V platform, a stark contrast from the decision by Mercury to design and manufacture its own purpose-built sterndrive engines. After the product intro, we talked to Ron Huibers, president ...

After an advance estimate of 2.3 percent, the Bureau of Economic Analysis is reporting real gross domestic product in the second quarter grew 3.7 percent. This follows an increase of 0.6 percent in the first quarter. GDP Real GDP increased at an annual rate of 3.7 percent in the second quarter of 2015. In the advance estimate last month, the ...

The annual Boating Industry Market Data Book is your guide to the most important market intelligence shaping the marine industry. The entire issue is available for purchase in our Digital Downloads section of the website, but here is a taste of some of the info available in this year's edition. For more charts and analysis, be sure to check out ...

I talk with tons of dealers over the course of a month and often hear things like … “Our sales team is just not motivated.” “We don’t follow-up like we should” “We can’t get good people, especially salespeople” “Our salespeople can’t hold margins” Over and over I hear these issues with salespeople from big dealers, small dealers, dealers in the ...

The Housing Market Index once again reached levels we haven’t seen in nearly a decade, which hopefully means good news for the future of the market. Housing Market Index Builder confidence increased one point to a level of 61 in August. This is the highest reading for the index since November 2005, surpassing last month’s record-breaking levels. Two of the ...