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Nasdaq Soars, Most RV Shares Gain

The Nasdaq composite climbed 41 points, or 2%, on Monday as investors bet that the economy is starting to show strength, which would signal an upturn in information technology company profits. Meanwhile, the Dow Jones Industrial Average, which had a strong week last...

RVDA Says Good-by to Orlando

The Recreation Vehicle Dealers Association (RVDA) does not plan to schedule its annual Convention/Expo in Orlando, Fla., any time soon. This year’s Con/Expo will be in Las Vegas Sept. 23-25 at the Rio All-Suites Hotel-Casino and in 2002, Con/Expo will take place in...

Indiana Maintains RV Output Leadership

Indiana has been the leading producer of RVs for as long as anyone can remember and the Hoosier State maintained its leadership position during 2000, according to the Recreation Vehicle Industry Association’s (RVIA) Annual Report. Indiana accounted for 53.1% of all...

RVDA Says Good-by to Orlando

The Recreation Vehicle Dealers Association (RVDA) does not plan to schedule its annual Convention/Expo in Orlando, Fla., any time soon. This year’s Con/Expo will be in Las Vegas Sept. 23-25 at the Rio All-Suites Hotel-Casino and in 2002, Con/Expo will take place in...

Nasdaq Soars, Most RV Shares Gain

The Nasdaq composite climbed 41 points, or 2%, on Monday as investors bet that the economy is starting to show strength, which would signal an upturn in information technology company profits. Meanwhile, the Dow Jones Industrial Average, which had a strong week last...

Patrick Losses Narrow

RV industry supplierOEM distributor Patrick Industries Inc. reported its first quarter losses narrowed to $1.7 million, compared with $4.6 million loss during the first three months of 2000. The company’s first quarter sales declined 32% to $68.3 million primarily...

Stock Market Climbs As Do Most RV Shares

A government report showing the U.S. economy grew at an unexpectedly healthy rate during the first quarter sparked a rally on Wall Street Friday. The Dow Jones Industrial Average climbed 118 points, or 1.1%, while the Nasdaq composite gained 41 points, or 2%. Most RV...

Drew Reports Lower Sales and Earnings

Drew Industries Inc., parent of RV industry supplier firms Lippert and Kinro, reported its first quarter total sales declined 21% despite a 5% increase in RV industry revenue. The company’s first quarter sales totaled $58.9 million and its net earnings during the...