RV Industry Is Still Booming

Above, new transported RVs stopped at the Jamestown, New Mexico Flying J. Photo by Armand Vaquer.

Despite record gasoline and diesel prices, the RV industry is still having a boom in sales, incredible as it may seem.

People are still buying up RVs, when they can find them or they wait for their ordered RV is built. There is currently a backlog of ordered RVs waiting to be built and delivered.

Yahoo! News posted:

May 22—OXFORD — Interest rates are up, fuel and diesel prices are near record levels and inflation fears are real and growing. Yet, one sector of the economy is still booming — sales of new and used recreational vehicles, or RV's.

"People are still buying," was the unhesitant response from Rick Emmert, sales manager at Call of the Wild RV Center in Oxford

The March 2022 shipment report from the RV Industry Association shows 64,454 units were shipped, an increase of 18.7% over March 2021, when 54,291 units shipped. The association does not offer membership to RV dealers, instead, its focus is on manufacturers, suppliers and RV aftermarket companies. The forecast for RV sales for 2022 points to a second best year in the industry, according to the quarterly forecast prepared by ITR Economics for the RV Industry Association.

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