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RVIA Forecasts 3.5 Percent Shipment Growth

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According to the latest issue of the roadsigns from the RV Industry Association, shipments of RVs during 2017 are expected to increase by 3.5 percent over those in 2016.

Shipments in 2016 were the highest number in the past 40 years, with December setting a record for the month. During the fourth quarter, more RVs were shipped than in any other fourth quarter on record.

The recent growth in shipments has been paced by travel trailers, which captured an all-time peak share of 66 percent in 2016, up from 52 percent 10 years ago and 30 percent 20 years ago.

If 2017 shipments indeed hit the forecast total of 445,700, it would extend the consecutive yearly gains to eight straight years. The previous record of expansion was five consecutive years.

According to roadsigns, the favorable RV outlook assumes continued gains in jobs and wages as well as a modest increase in inflation, interest rates and energy prices.

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