Thompson Research Group (TRG) founding partner and CEO Kathryn Thompson said Thor Industries management supported the analyst group’s view of macroeconomic forces affecting consumer RV demand.
The Freedonia Group, an industrial market research firm and a division of MarketResearch.com, compiled a report covering tariff impact on the U.S. countertop market, including the RV counterop market.
The Census Bureau’s reported advance estimates for U.S. retail sales in April rose 0.9% from the previous month and up 8.2% from April 2021.
Higher inflation and lower retail registrations have not soured dealers’ sentiment on current conditions, the latest survey conducted by RVDA and Baird found.
The Bureau of Labor Statistics (BLS) reported wholesale inflation prices in April rose 11% from April 2021. The pace slowed slightly from the 11.5% year-over-year increase reported in March, the highest increase on record.
Black Book analysts’ latest monthly RV Market Commentary reported “strong sales” despite consumer finance worries.
LKQ Corp., parent company of NTP-Stag, reported container shipments from Taiwan increased during the first quarter of 2022, even as key port cities in China shut down.
JD Power’s first quarter 2022 Market Insights Report found seasonality more pronounced at the beginning of the quarter than in the previous two years. Economic conditions continue to evolve, and it is likely consumers are responding, the report said.
The Bureau of Labor Statistics reported the prices goods and services producers receive rose in March at the fastest pace since records have been kept.
Data reported by the Bureau of Labor Statistics found RV and other motor vehicle dealers added 700 jobs in March from February.
The price of regular gasoline broke $4 a gallon on average across the U.S. on Sunday for the first time since 2008.
Prices from crude and aluminum to wheat soared, as raw materials stage their biggest weekly surge since 1974.
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