On the heels of a fifth straight season of growth in industry shipment data and the best October in 38 years, the RVIA reported a 4 percent dip in total dealer attendance, from 2,548 to 2,454, and a 2 percent decline in buyer attendance from 2,874 to 2,813.
The biggest decline was in the manufacturers exhibitor category, which fell from 1,761 in 2013 to 1,548 this year (12 percent).
These brands and manufacturers received at least 15 dealer responses and scored 80 percent or above in overall dealer satisfaction in the association’s 21st Annual Dealer Satisfaction Index survey.
“The DSI Quality Circle Award recognizes RV brands that dealers tell us are doing a superior job with their overall approach to building products and supporting dealers. Their focus on quality allows us to provide our customers with a great overall RV experience,” said RVDA Chairman of the Board John McCluskey of Stuart, FL-based Florida Outdoors RV Center.
“The Thanksgiving holiday is such a deeply-rooted part of who we are that families will always do what it takes to bring everybody together regardless of fuel prices,” said Patrick DeHaan, senior petroleum analyst for GasBuddy. “But the mood we’re getting from our survey results suggests that notably lower gas prices have brought a sense of relief, perhaps some optimism, and also a sense of caution.”
Among those traveling, more than 16 percent say that savings from lower gas prices is leading them to alter their plans.
For some that may mean stretching the Thanksgiving holiday and/or, avoiding traffic.
“Growing confidence among consumers is what’s fueling this optimism among builders,” said NAHB Chairman Kevin Kelly, a home builder and developer from Wilmington, Del. “Members in many areas of the country continue to see increasing buyer traffic and signed contracts.”
“Low interest rates, affordable home prices and solid job creation are contributing to a steady housing recovery,” said NAHB Chief Economist David Crowe. “After a slow start to the year, the HMI has remained above the 50-point benchmark for five consecutive months, and we expect the momentum to continue into 2015.”
Initial claims were 278,000, a decrease of 10,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 287,000 to 288,000. The 4-week moving average was 279,000, a decrease of 2,250 from the previous week's revised average and the lowest level for this average since April 29, 2000, when it was 273,000.
The highest insured unemployment rates in the week ending October 18 were in the Virgin Islands (3.5), Puerto Rico (3.4), Alaska (3.3), New Jersey (2.7), California (2.5), Connecticut (2.3), Nevada (2.3), Pennsylvania (2.2), Massachusetts (2.0), Illinois (1.9), Maryland (1.9), and Oregon (1.9).