Economy

A picture of a semiconductor chip

EXCLUSIVE: How Chip Shortage Affects RV Industry

Supply chain issues are not unfamiliar– especially when it comes to semiconductor chips, a memory technology used in almost every “smart” device. Recent chip  demand has skyrocketed, prompting reactions from multiple industries and an executive order from President Joe Biden.

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Government Reports Improving Employment

The Bureau of Labor Statistics (BLS) reported nonfarm payroll employment rose by 379,000 in February, nearly double analysts’ consensus expectations, as the unemployment fell 0.1 percent to 6.2 percent.

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A picture of the 2020 Chevrolet Silverado diesel engine

Diesel Vehicle Sales Rise 28 Percent in 2020

Pickup truck and sport utility vehicles (SUVs) with diesel engines grew 28 percent during 2020, reported the Diesel Technology Forum, an association representing diesel engine and equipment manufacturers, fuel producers and emissions control suppliers.

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