Dec
06

Rocketing RVs

 Shipments of recreational vehicles, towable or motorized, hit a then record 390,000/year in 1978. In the double-dip recession of the early 1980s, they cratered to 108,000. They then slowly rose again, reaching 390,000 in 2006, the peak of the Housing Boom, only to crash to 166,000 in 2009. Since then shipments have boomed. Through 10/17 they have totaled 427,000, up 17% YTD compared to record-breaking 2016. Talk about discretionary spending!

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Comments

  1. Shonn says:

    I agree, Jaime. The trend seems to be “small-sizing” – I just created that phrase. 🙂 Less, space and upkeep than a traditional home.

  2. Thats the new wave of home ownership

    • Elliot says:

      What is amazing is that RV sales are half of new single-family detached sales! My how times change.

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