The Kansas Department of Wildlife, Parks and Tourism stands to lose millions of dollars after record spring rains led to park closures, property damage and washed-out roads, according to Kansas Public Radio. Kansas Public radio reported that in most of Kansas, the rain started in early spring and didn’t stop until the end of June. […]
Oklahomans are forgoing the traditional Thanksgiving spent indoors, and opting instead to celebrate “Campsgiving” or “Glampsgiving” by spending quality time together in or near nature, according to a report by the Bartlesville Examiner-Enterprise. In fact, according to a recent report released by the outdoor experts at Hipcamp, Oklahoma has been named the No. 1 Glampsgiving/Campsgiving […]
U.S. consumer confidence declined slightly for a fourth consecutive month, but it remains elevated with the holiday shopping season ramping up. ABC News reported that the Conference Board said Tuesday (Nov. 26) that its consumer confidence index ticked down to 125.5 in November from October’s 126.1 reading. Consumers’ feelings about the present economic conditions also […]
The post Consumer Confidence Still High Despite Nov. Decline appeared first on RVBusiness - Breaking RV Industry News.
A professor at the Indiana University Kelley School of Business says the announced layoffs at Columbus-based Cummins Inc. (NYSE: CMI) are a signal of the continuing impact of a trade dispute between the U.S. and China. “We’re seeing a significant slowing in the global economy,” said Phil Powell, professor of business economics. “What we need […]
The RV Industry Association (RVIA) will host a webinar at 2 p.m. (EST) on Dec. 5 as Bureau of Economic Analysis (BEA) officials will walk through the results of a recent study and what it means for the RV industry. Earlier this year, the Bureau of Economic Analysis released the first-ever study on the economic impact of […]
Cavco Industries Inc., a builder of manufactured housing and park model RVs, recently completed its acquisition of Destiny Industries LLC, based in Moultrie, Ga. According to a press release, Destiny Industries was founded by brothers Bill and Donnie Edwards in 1978 and has been a producer of manufactured and modular housing for over four decades. […]
The post Cavco Acquiring Georgia-Based ‘Destiny Industries’ appeared first on RVBusiness - Breaking RV Industry News.
A senior Federal Reserve official on Tuesday (Nov. 26) said the central bank needs a new approach on monetary policy, suggesting the Fed erred in 2015 when it began to raise U.S. interest rates on a mistaken assumption that inflation would rise. Marketwatch reported that Federal Reserve Board Governor Lael Brainard said the central bank […]
The post Official Calling for Overhaul on How Fed Sets Rates appeared first on RVBusiness - Breaking RV Industry News.
GasBuddy is projecting that the national average gasoline price for Thanksgiving will be at its highest since 2014. While it may lead to some complaints, with 30% of Americans saying high prices are impacting their plans, it won’t slow them down much with a 7% rise in motorists on the road for Thanksgiving versus last […]
The post GasBuddy: Pump Prices Up Slightly for Thanksgiving appeared first on RVBusiness - Breaking RV Industry News.
RVBUSINESS.com will not be publishing on its news feed Thursday (Nov. 28), Friday and Saturday this week in observance of the Thanksgiving holiday. The site will resume posting on Monday. The entire RVBusiness staff wishes our readers a safe and happy holiday.