Park Trailer Shipments Dipped in 1st Qtr.
Shipments of recreational park trailers fell 20% during the first quarter, marking the first significant quarterly decline in shipments in more than four years, according to the Recreational Park Trailer Industry Association (RPTIA).
Manufacturers reported 800 shipments in January, February and March compared to 1,000 during the same period a year earlier, according to the RPTIA.
Park trailer shipments, which grew to a record 10,141 in 2006, have gradually increased in each of the past four years. Consumers use park trailers as affordable weekend retreats and seasonal vacation cottages, while campgrounds use them as rental units.
“I think we will likely experience a modest decline in park trailer shipments this year,” said Bill Garpow, RPTIA executive director. The decline reflects consumer uncertainties involving the direction of the economy as well as uncertainties involving the real estate market, he said.
But even if modest declines in park trailer shipments continue to take place this year, Garpow said the park trailer industry will likely remain one of the most stable segments of the recreational vehicle business. Park trailer buyers tend to be relatively affluent. Roughly 60%, in fact, pay cash for their units, which typically retail for just under $40,000.