RVIA: Wholesale Shipments Drop 9% in July
RV wholesale shipments slowed in July with total shipments down 9.1% from July 2010 totals and off 32.6% from last month, the Recreation Vehicle Industry Association (RVIA) reported today (Aug. 25).
While July is usually lower for shipments than June, due largely to the ending of the summer season and effects of model year change-over, shipments in July this year were also impacted by concerns for a slowing economy and uncertainty of future government policies.
Year-to-date, RV shipments are running 4% ahead of the same time last year (162,000 units through July 2011 as compared to 155,800 units through July 2010).
Click here to read a story, courtesy of RVBUSINESS.com, on the RVIA report.