Recreational boat sales slipped in December, but full-year figures based on results from 27 early-reporting states, including Florida and Texas, showed that industry sales rose about 5 percent last year.
Motorists may get some sticker shock in 2017 and will shell out $52 billion more over the course of the year compared to 2016 as the national yearly average rises to $2.49 per gallon, according to GasBuddy’s 2017 Fuel Price Outlook.
The U.S. economy grew faster than previously thought between July and September, its best performance in two years, buoyed by stronger consumer spending, the government reported Thursday, according to Marketwatch.
As travel trailer prices at auction continued a historic climb, motorhome values dropped substantially in October, though remained above 2015 values for the month, according to Black Book in its latest Market Insights report.
The national average for a gallon of gasoline has begun to move higher, due in large part to an agreement amongst OPEC members to cut back on oil production. Prices in the U.S. average $2.18 per gallon today, 6 cents higher than a week ago, and 14 cents higher than last year, with average prices rising in 37 states in the last week.