|Above, RVs in Yellowstone National Park. Photo by Armand Vaquer.|
Now that we have a pro-growth president and the economy is doing much better than it has in years, the RV industry is seeing all-time high numbers in wholesale shipments for the second year in a row.
According to The Roanoke Times:
WASHINGTON--(BUSINESS WIRE)--Jun 4, 2018--RV industry shipments will reach 539,900 units in 2018, marking nine straight years of growth and – for the second consecutive year – the highest annual total since such data has been collected. This figure is a 7% increase from the previous record of 504,600 units shipped in 2017. Shipments for 2019 are predicted to grow to more than 550,000 units, which would be a third straight record-breaking total.
The new forecast, along with first quarter 2018 industry shipment totals, were announced today by Frank Hugelmeyer, President of the RV Industry Association, as part of remarks he delivered at the association’s Committee Week luncheon.
Shipments totaled 137,086 in the first quarter of 2018, an increase of 13.4% from 2017. Among towable RVs, growth was highest among truck campers (which shot up 69%), and travel trailers (up 15%). Motorhome shipments saw steady growth with Type C shipments reaching their highest total since the early 1980s.
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