The Conference Board Consumer Confidence Index rose again in December and now stands at 64.5, up from 55.2 in November and the highest since April.
Economists and other financial experts closely watch the index because consumer spending accounts for about 70 percent of U.S. economic activity.
“After two months of considerable gains, the Consumer Confidence Index is now back to levels seen last spring (April 2011),” Conference Board Consumer Research Center director Lynn Franco said in a statement. “Looking ahead, consumers are more optimistic that business conditions, employment prospects and their financial situations will continue to get better.”
The Present Situation Index increased to 46.7 from 38.3 and the Expectations Index rose to 76.4 from 66.4.
The plant will utilize a process known as anaerobic digestion for breaking down the biodegradable material. The plant will also capture odor emissions, Ferguson said, which had been a concern initially of prison officials at the Eastern Correction Institution and local residents. The state prison currently houses more than 3,000 inmates.
The impetus for the project, Ferguson said, came more than a decade ago when a Pfiesteria outbreak, blamed at least partially on nutrient issues related to the poultry industry, led to a large fish kill in the Chesapeake Bay. Eventually, the state began soliciting ideas from around the world for solutions to the chicken manure problem, settling on the proposal from ECOCORP, which has done similar work in Germany and Holland.
Regulator Marine recently held its 2011 Regulator Marine University.
The event was held Dec. 5-6 at the Regulator plant in Edenton, N.C. It provides domestic and international sales staff with valuable tools and product knowledge.
After being awarded a “Bachelor of Science in Regulator Product Knowledge,” “the newly minted graduate understands the intricacies of Regulator’s unique and continually improving construction process,” according to the company.
This year’s event featured as a guest speaker Yamaha’s Dean Burnett, vice president of Yamaha Marine Group, updating attendees on the state of the marine industry. In addition, award-winning marine architect and longtime Regulator adviser Lou Codega supported Owen Maxwell as he presented “Concept to Finished Boat.”
“Hosting Regulator Marine University is such a pleasure for it provides us an opportunity as a business family to reflect and celebrate our blessings for the past year,” company president Joan Maxwell said in a statement. “It also provides us a great environment to synchronize our efforts in determining how we can best serve our customers and provide them with the finest offshore sports fishing experience in the industry.”
After dinner on the final evening, awards were presented, including 2011 Dealer of the Year to Comstock Yacht Sales of Brick, N.J. and Salesperson of the Year to Ted O’Neill of All Seasons Marine Works of Rowayton and Westport, Conn.
Mid-Atlantic Salesperson of the Year went to Brent Floyd of Atlantic Marine, Wrightsville Beach, N.C.; and Southeastern Salesperson of the Year went to Dan Hunt of Boat World of Florida, Lighthouse Point, Fla.