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Improving RV
Outlook - RVIA
- fall 2009
“The appeal of the RV
lifestyle will help
overcome economic
barriers”
See reader's comments
and experiences at
bottom of page
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Travel by class A motorhome?
See RoTi class A section Search RoTi RV reviews
Or class C maybe? - RoTi class C section
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RV wholesale shipments
forecast to increase 27% in 2010
RVIA Vice President of Administration Mac Bryan
provided a cautiously upbeat view of an improving
outlook for the RV market in a presentation to the
RVIA Board of Directors during its meeting in
Hershey, PA on Sept. 14. |
While briefing the Board, Bryan detailed Dr. Richard
Curtin’s latest projections for RV wholesale shipments
through 2010. In the Fall 2009 issue of RV Roadsigns,
Curtin forecasts a total of 146,200 units to be shipped
by the end of this year with that number rising to
185,800 units in 2010, a 27 percent increase.
Bryan pointed to a number of factors that should aid the RV market as it looks to recover, including a strengthening stock market, attractive interest rates, low inflation rates, and improved business and buying conditions.
Another crucial component working in the industry’s favor is the continued popularity of the RV ownership and travel among consumers, according to Bryan. |
Travel by class B motorhome?
See
RoTi class B section Search RoTi RV reviews
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Bryan also cautioned that the recovery in RV sales will
likely be slower than in the past as consumer demand remains
sluggish due to weak consumer confidence, continued job
losses, smaller income gains and declines in household
wealth as well as the need for consumers to restore savings.
“It is simply going to take longer for consumers to
reestablish their economic footing as we emerge from this
recession,” said Bryan. “However, given the positive signs
we are now beginning to see in the RV market and the strong
commitment of consumers to the RV lifestyle, the prospects
for the RV industry are becoming more favorable.”
Improving RV
outlook?
“The appeal of the RV
lifestyle will help overcome
economic barriers”
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