Real Consumer Spending Rises in December

The Bureau of Economic Analysis reports real consumer spending (PCE), spending adjusted for price changes, increased 0.3 percent in December 2017 after increasing 0.5 percent in November. Spending on ...

GDP Increases in Fourth Quarter

Real gross domestic product (GDP) increased 2.6 percent in the fourth quarter of 2017, according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP i...

Consumer Price Index: 2017 in Review

From December 2016 to December 2017, the Consumer Price Index for All Urban Consumers (CPI-U) rose 2.1 percent. Over the same 12-month period the previous year, the index also increased 2.1 percent, f...

U.S. Boat Sales Strong Heading into Boat Show Season

As the industry prepares for a busy winter boat show season – a crucial selling period – NMMA announced this week that unit sales of new powerboats are expected to be up six percent in 2017, marking a...

Real Consumer Spending Rises in November

According to the Bureau of Economic Analysis, real consumer spending (PCE), spending adjusted for price changes, increased 0.4 percent in November after no change in October. Spending on durable goods...