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Home » Author Archives: Greg Gerber (page 5)

Author Archives: Greg Gerber

NFIB applauds Trump’s trimming of EPA regs…

NFIB logo

(March 30, 2017) -- “Small businesses rely heavily on affordable, reliable electricity. The EPA Clean Power rule is a double-barrel threat: It would drive up small business operating expenses and it would hit their customers in the wallet," said Duggan. Read More »

RV Business: Auction brings an end to Forks RV

Forks RV

(March 30, 2017) -- An auction of tooling and varied factory equipment apparently represented the final chapter in the story of Forks RV, a small family-held firm that started out manufacturing commercial buildings and police command centers in 1991, RV Business reported today. Read More »

U.S. fourth quarter GDP revised up to 2.1%

RBC logo

(March 30, 2017) -- Consumer spending growth was revised up to 3.5 percent from 3.0 percent in the second estimate, and 2.5 percent in the advance estimate. The build in inventories was also slightly larger, RBC Economics reported. Read More »

Wholesale shipments continue meteoric climb

RVIA logo

(March 28, 2017) -- All towable RVs led by conventional travel trailers reached a total of 33,852, a gain of 7.5 percent over last month’s total of 28,931. Motorhome shipments reached a total 5,606 units with a 17.1 percent gain compared to February 2016. Read More »

NFIB calls on Congress to reduce lawsuit abuse

NFIB logo

(March 28, 2017) -- "More than three-quarters of our members tell us that they are concerned about becoming the target of a meritless suit," said Duggan. "The Lawsuit Abuse Reduction Act would provide critical protections that would protect small businesses from excessive legal fees." Read More »

State of Indiana honors Robert Weed Plywood

Robert Weed Plywood logo

(March 28, 2017) -- One RV supplier was among the companies that received the Half Century Business Award. Robert Weed Plywood, a value-added fabricator and wholesale distributor of wood, composite and associate products, has been in business for 51 years. Read More »

Hopkins acquires Air Power America

Hopkins Manufacturing logo

(March 28, 2017) -- AirPower’s unique designs will be a great addition for Hopkins, capitalizing on a growing trend where extractors are required to remove oil from newer vehicles” said Kraft. Read More »

Consumer confidence increases sharply in March

Conference Board logo

(March 28, 2017) -- “Consumer confidence increased sharply in March to its highest level since December 2000," said Franco. "Consumers also expressed much greater optimism regarding the short-term outlook for business, jobs and personal income prospects." Read More »

Car dealers show spike in optimism

NIADA logo

ARLINGTON, Texas — The latest installment of the National Independent Automobile Dealers Association’s quarterly Business Confidence Survey reflects immense optimism from independent used vehicle dealers regarding retail sales, consumer traffic, profitability and economic conditions. The survey, conducted in partnership with Equifax during the first quarter of 2017, showed confidence in all of those areas was up substantially from the previous quarter and year over year. Nearly two-thirds of respondents – 63 percent – indicated they believe the economy will improve in the next quarter, a significant increase from the previous survey, in which only 34 percent expected economic improvement, and the 36 percent of Q1 2016 – that year’s highest percentage. Just 2 percent said they expect the economy to decline, down from 22 percent in the Q4 survey. It’s the first time since Q3 2015 that a majority of survey respondents have expressed a positive outlook on economic conditions. That optimism is reflected throughout the survey. More than half (53 percent) of the respondents plan to invest in more retail inventory, up from 41 percent in the previous survey, and 54 percent expect to hire new sales staff (up from 32 percent), as 70 percent anticipate retail sales to grow (up from 46 percent) and 71 percent expect customer traffic to increase (up from 36 percent). On the financial side, the percentage of dealers expecting cash flow to improve (57 percent, up from 34 percent) and credit availability to expand (32 percent, up from 23 percent) over the next quarter was also sharply higher. “A degree of optimism is always expected with a new year,” Equifax vice president of dealer services John Giamalvo said, “but this level of widespread positivity is unprecedented for this survey as dealers seem primed to ramp up their businesses and position themselves to capitalize on expected opportunities in the year ahead.” NIADA senior vice president Scott Lilja said it’s no coincidence that the rise in dealer optimism came in the first survey taken since Donald Trump took office as president. “Certainly the ‘Trump Effect,’ has helped drive this newfound enthusiasm in the market,” Lilja said. “The proposed regulatory and tax overhauls promised by the new administration have helped improve the mood of dealers who have long been inundated with federal and state regulatory measures and overly complex tax policy. “Should some of that burden be lifted by the new administration, the cost of doing ... Read More »

Midwest dealer scores big with RVM’s PURL promo

RVM Promotions logo

(March 27, 2017) -- "Three of the 27 units we sold over the weekend were to prospects who were not planning on coming in for the promotion, but they were curious to see what their RV was really worth," said Bowling. "The profit from those three sales came close to paying for the entire promotion. Read More »