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Market Summaries

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RVs, and especially motorhomes, these days can cost upwards from a half million dollars, and the units prominent in popular culture and TV shows such as the Travel Channel’s “Big Time RV” tend to be the highest of the high-end.
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Generational differences among the RV industry are no secret, and industry experts will note that expectations of younger buyers often contrast expectations from their older counterparts.
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The Lazydays Employee Foundation hosted its 6th Annual Golf Tournament to benefit at-risk youth in the Tampa Bay area, exceeding last year’s fundraising results of $124,000 from sponsors, supporters and registered players, the company said in a news release.
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Kris Freedman, president of Grapevine 7, a family-owned RV-park company, says Idaho is an increasingly popular stopover and destination spot for travelers from within and outside Idaho. Others in tourism agree.
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Prices at the pump will be lower this summer than in recent years, experts say.
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The RV Dealers Association has endorsed the RV Industry Data Program “Spotfire” from Statistical Surveys of Grand Rapids, Mich.
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Gasoline prices are on the rise again, driven by rising crude oil prices and rising U.S. demand, according to Gas Buddy.
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Across the U.S., the average price for a gallon of gasoline rose 6.8 cents per gallon in the last week to $2.12 per gallon, according to price-tracker GasBuddy.
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As part of the company’s larger move from the banking industry, GE Capital filed its request to be removed from the list of systemically important financial institutions, commonly referred to as “banks too big to fail.”
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Vehicle values in 2016 are expected to depreciate faster this year than they have in the past five, according to a new report from Black Book and Fitch Ratings.

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