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Market Summaries

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London-based Technavio analysts forecast the global RVs generator market to grow at a CAGR of more than 7 percent during the forecast period, according to their latest report.
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Camping World Holdings announced a proposed offering of shares of its Class A common stock, which includes 3,500,000 shares of Class A Common Stock offered by Camping World and 6,500,000 shares of Class A Common Stock offered by certain affiliates of Crestview Advisors.
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The company reported record first quarter 2017 net sales and gross profit. Net sales in the first quarter of 2017 were approximately $8.4 million, compared to approximately $6.8 million for the same period in 2016, an increase of approximately $1.6 million, or 24.3 percent.
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Consumer sentiment brightened in an early May reading as Americans turned more bullish on their income expectations.
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Brisbane, Australia-based Apollo Tourism and Leisure, which boasts a rental fleet of 3,000 motorhomes, has recently acquired CanaDream Corp. and Kratzmann Caravans for $43 million, closing the transaction in July.
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According to Black Book data, the average price of a used vehicle for model years 2011 to 2015 increased in value by 0.4 percent in April.
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Traditional powerboat retail unit sales were up 5.9 percent for the 12 months through February 2017 and wholesale shipments rose 3.6 percent.
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n April, the U.S. economy added 211,000 jobs and the unemployment rate fell to a new post-crisis low of 4.4 percent. This is the lowest unemployment rate since May 2007.
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Camping World Holdings reported total revenue of $883.8 million in the recently ended first quarter of 2017, an increase of 10.8 percent over the same period last year.
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LCI Industries, a supplier of components for the leading original equipment manufacturers of RVs and adjacent industries, and the related aftermarkets of those industries, today reported consolidated net sales in the first quarter of 2017 of $498 million, 18 percent higher than the 2016 first quarter net sales of $423 million.

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