’14 Motorized Products Boost Winnebago Profits

Reflecting a marked rebound in the motorhome marketplace and heightened demand for a series of new product rollouts, Winnebago Industries Inc. reported that the company had shipped 2,005 motorized units during its fiscal first quarter. “Our dealer network confidence continues to grow, which validates our belief that our motorized product introductions are being well received,” [...]

No interest rate hikes likely until 2015 or 2016

(Dec. 19, 2013) -- The summary of when participants expect the Fed to start increasing interest rates showed two members see the first increase in 2014 (down from three) while 12 projected the first increase to come in 2015 (unchanged from September) and three members (compared to two) looking at 2016 as the most appropriate timing for the first hike in the fed funds rate.

Plumbing Rules Looming for Calif. Parks in 2014

All California RV park and campground buildings built before 1994 will have to have low-flow toilets and water fixtures installed by 2019, the California Association of RV Parks & Campgrounds (CalARVC) recently learned. “The CalARVC office was notified last week by Housing and Community Development (HCD) that RV parks will have to comply by 2019,” [...]

Unemployment claims at highest since March

(Dec. 19, 2013) -- Initial unemployment claims in the United States increased by 10,000 to 379,000 in the week ending Dec. 14, thereby marking the highest weekly reading since the end of March. The level of claims in the latest week was well above market expectations for a 335,000 reading, said Josh Nye, an RBC economist.

Winnebago reports revenue bump of 15 percent

(Dec. 19, 2013) -- Revenues for the 13-week first quarter that ended Nov. 30 were $222.7 million, an increase of 15.0 percent, versus $193.6 million for the 14-week first quarter of fiscal 2013. Net income for the first quarter of fiscal 2014 was $11.1 million, an increase of 50.8 percent, versus $7.4 million for the first quarter of fiscal 2013.

Black Hills Forest offers free firewood

(Dec. 19, 2013) -- “We have limbed and bucked up the wind- and snow- damaged trees from the October storm and left up to 7-foot logs lying throughout these campgrounds and picnic sites," spokesperson Amy Ballard to KCSR. "This wood is very easy to gather as is lying along the paved roads and parking lots and between the campsites."