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GOSHEN, Ind. — Despite early reports of declining wholesale shipments and retail demand, the overall outlook for the RV industry remains solid, positioning the industry for yet another banner year in 2019.
That’s the word from Frank Hugelmeyer, president of the RV Industry Association, who spoke on the state of the RV industry during the 7th Annual RV Industry Power Breakfast held Thursday morning at the Northern Indiana Events Center, part of the RV/MH Hall of Fame in Elkhart.
According to Hugelmeyer, while it’s true that first quarter RV shipments were down by just over 27% compared to the same time period in 2018, that information has to be prefaced with the understanding that the industry realized an unprecedented amount of growth over the past three years. As such, even with the reported declines, the industry is still looking at what very well could be its fifth-best year on record.
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