Afternoon Coffee: FAA Launches Drone Registry, Consumer Spending Rises

In case you get a drone for Christmas, remember you need to register it with the Federal Aviation Administration (that is, if it’s over 0.55 pounds). The FAA officially launched its drone registry system this week.

U.S. consumer spending was up 0.3% in November, according to the Commerce Department. Personal income also increased 0.3% last month.

Imports coming into U.S. ports rose in November as well. Ports in Georgia saw an 11.2% increase in imports compared to November 2014 and Seattle and Tacoma ports experienced a 23% rise in imports, for example.

Ford is recalling about 313,000 cars, including Crown Victoria and Mercury Grand Marquis vehicles from model years 2003 to 2005, because the headlights may shut off unexpectedly, which can lead to a crash.


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