Plus, how a Lake Mead marina is faring amid low water levels, the largest GDP decline in decades and revisiting last year’s coin shortage.
U.S. GDP grew 6.5% from April through June, less than many economists expected. However, it’s caught up to pre-pandemic levels.
Some companies have decided it’s better to hold back right now.
“It’s a tough season this year,” says Lisa Duncan of Temple Bar Marina. Slips are filled, but the boat launch is closed for now.
According to Lance Noggle, a member of the U.S. Coin Task Force, it’s less of an issue of coin shortages as it is coin stagnation — as in coins just sitting in piggy banks and not in the hands of retailers or financial institutions.
Managers are reworking their cocktail menus as shortages of materials and labor make some brands unavailable for weeks.
Crocs are — and have been — back. Socks are the latest addition to the company’s line of products.