ELKHART — Jeffrey Immelt, CEO and chairman of General Electric (GE), toured a Thor Motor Coach (TMC) production facility in the morning and spoke to 80 RV executives Thursday afternoon, RV Business reported today.
“It’s great to see the industry doing as well as it’s doing right now,” Immelt said. “You had unemployment that was bad enough to bring a president here, and now pretty much anybody who wants a job can get a job. You have a situation that’s quite good for your business because the economy is getting better and gas prices are getting cheaper. If there’s anything that helps the recreational industry, it’s those two things.”
When asked when the next economic downturn could take place, he said, “There’s a lot of green lights at work right now. You see a very healthy consumer with relatively low interest rates still, so people who have a job feel like they’re wealthy.”
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