RV Industry Rolling; On Track for Big Year
The recreational vehicle industry is having one of its best years ever and is on track to reach its projected 10% gain in shipments.
As reported by the Goshen (Ind.) News, even in the traditionally slow month of November, shipments of recreational vehicles continued to surge. The Recreation Vehicle Industry Association (RVIA) said wholesale shipments of RVs to retailers jumped 5.8% in November over the same month in 2012.
And as of the end of November, the industry had shipped 299,451 RVs, the largest year-to-date total in six years. The growth in year-to-date shipments was 12.2%, according to the RVIA statistics.
The growth is a continuation of the industry’s climb back to prominence after the 2008-09 recession. And the growth is expected to continue into 2014.
“The growing strength in RV shipments is due to the strong affinity consumers have for RV travel and ownership coupled with strengthening economic conditions that have been rising like home and stock values, improved availability of credit, continued gains in jobs and incomes, and higher consumer confidence,” said Bill Baker, senior director of communications for the RVIA.
“Things are good,” said RVIA President Richard Coon when he addressed his membership at the National RV Trade Show in early December. “Growth is everywhere, not just in North America interestingly enough. Growth in the RV industry is going up and up and up.”
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