Aquatics Magazine Readers Vote Heat Siphons with New Temperature Probe Most Valuable Product for 2017
by Bill Bernardi - April 17, 2017
Posted - Los Angeles, CA
We are proud and pleased to publish the following letter received from the Editor-In-Chief of Aquatics International Pool & Spa News:
Each year the readers of Aquatics International select the 25 Most Valuable Products (MVP) from those featured in the January 2017 New Products Issue.
I’m happy to inform you that your product, Pool Heat Pump Models w/new thermometers, made this year’s MVP list.
As one of the MVPs, your product will appear in a four-color editorial of reader-selected Most Valuable Products, which is scheduled to run in our June digital edition.
Again, congratulations! "
Aquatics International Pool & Spa News
Personal-consumption Expenditures - Largest Rise Since December
By Jeffrey Sparshott - Wall Street Journal
May 31, 2016
Americans ramped up their spending in April at the fastest pace in four months, offering fresh evidence the U.S. economy is rebounding this spring after a lackluster winter. That was the largest one-month rise since December.
The fundamentals for consumer spending are still pretty good: income growth, inflation is low, low interest rates, rising household wealth,” said Gus Faucher, chief economist at PNC Financial Services Group Incomes grew at a decent pace last month. Personal income, a broad measure that includes wages and government assistance, rose 0.4% from March. The personal-saving rate was steady in April at 5.3%.
Consumer spending and broader economic growth slowed over the winter months. Multiple factors were at work, including mild winter weather that reduced the need for home heating and delayed income-tax refunds for many households.
Economists had predicted consumption would pick up in the second quarter with the support of low unemployment, continued job gains and rising incomes.
Credit scores also have improved as the 2007-09 recession’s damage has faded, bolstering household purchasing power.
That spending, now in progress, is set to boost the overall economy. The Federal Reserve Bank of Atlanta’s GDPNow model on Tuesday predicted gross domestic product would expand at a 3.8% seasonally and inflation-adjusted annual rate in the second quarter, up from the first quarter’s 1.2% growth rate. Forecasting firm Macroeconomic Advisers projected a second-quarter growth rate of 3.2%.
BETTER DAYS ARE ON THE WAY