Wednesday, November 22, 2017
Breaking News
Home » RV Industry News » RV shipments expected to rise through 2018

RV shipments expected to rise through 2018

RV shipments expected to rise through 2018

UNITED STATES — RV wholesale shipments are expected to reach 479,700 units by year-end 2017, an 11.4 percent increase from the 430,700 units shipped in 2016, before climbing an additional 2.4 percent in 2018 to reach 491,200 units, according to the new quarterly projection from Dr. Richard Curtin in RVIA’s Fall issue of RV RoadSigns forecasting newsletter.

This anticipated growth would mark the ninth consecutive year of expansion for the RV market, eclipsing the previous record of five years set from 2002-2006.

“The favorable RV outlook is based on continued modest gains in jobs, incomes and household wealth with relatively low levels of inflation, unemployment and interest rates,” said Curtin, who is the director of the Surveys of Consumers at the University of Michigan and has conducted RV market research since 1979.

Towable RV shipments are project to rise to 419,500 in 2017 and to 429,300 in 2018. Motorhome shipments will also see gains, growing to 60,200 units in 2017 and 61,900 units in 208.

The positive outlook is also a reflection of the strong performance of the RV industry through the first half of 2017. RV wholesale shipments have reached 256,430 units, up 13.3 percent over the first six months of 2016. Year-to-date totals for towable RVs are up 13.2 percent to 223,644 units with motorhome shipments up 14 percent to 32,786 units.

For more information on RV market data and research, visit the “Market Data and Trends” section of www.rvia.org.

Source: RVIA press release

Print Friendly, PDF & Email


About Ronnie Garrett

Ronnie Garrett is the editor in chief of RV Daily Report. She's been a writer/editor for more than 25 years, working in law enforcement, aviation, supply chain and now the RV industry. She's not a stranger to RVs, however. She grew up camping, and still camps as many weekends as she can every year.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

RV Daily Report welcomes comments from readers. However, we expect that comments will be cordial and professional without reverting to name-calling, profanity and libelous language. Comments of that nature will be removed.