Market Trends
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RV News
Kokomo, Ind., Has Largest Decrease in Unemployment
Unemployment rates were lower in November 2019 than a year earlier in 223 of the 389 metropolitan areas, higher in…
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RV Values Continue Seasonal Decline
Black Book has reported that the average selling price for motorized units was $45,384, which is down $909 (1.9 percent) from…
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RV News
Trends: Slowdown in RV Shipments to Ease in 2020
The RV industry is influenced by many strong macroeconomic factors and is extremely sensitive to overall strength of the economy,…
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Report: Compensation Averaged $34.77 in September
Employer costs for employee compensation for private industry workers averaged $34.77 per hour worked in September 2019, according to the…
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RV News
Trends: Jobless Claims Fall in December
The number of Americans applying for unemployment benefits fell for the second week after a big spike earlier in December.…
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RV News
Trends: Several States Had Large Job Gains
The largest job gains occurred in Texas (336,700), California (321,800), and Florida (217,400), according to the U.S. Bureau of Labor…
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RV News
Report: 2019 Pickup Truck Sales Increase to 16%
New data from JATO Dynamics has shown that Americans have been buying pickup trucks at an increased rate throughout the 2010s. This…
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RV News
Trends: Powerboat Registrations Up 5%
Powerboat registrations were up 5 percent on a rolling three-month year-over-year basis in October, and down 1 percent on a…
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RVIA President Delivers Message on 2019
Editor’s note: RV Industry Association President Craig Kirby has released a letter summarizing 2019’s impact on the RV industry (below).…
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RV News
Study: State Personal Income Increases 3.8% in Q3
State personal income increased 3.8 percent at an annual rate in the third quarter of 2019, a deceleration from the…
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RV News
Trends: Manufacturer Spending to Decrease 2.1%
U.S. manufacturers plan to pull back on investing in 2020, a move that could rein in a rebound even as…
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RV News
Powerboat Registration Increases 1.4% in Q3
New boat registrations in the main powerboat categories were up 1.4 percent in the third quarter compared with the same…
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Report: Interest in RVing Grew 650% Since 2013
RVshare has analyzed third-party research and internal data to find that the interest in RV rentals has grown 650 percent since…
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RV News
Report: First-Time Boat Buyers Fall 39%
First-time boat buyers are in decline, and retention rates are shrinking, according to research presented at MRAA’s Dealer Week in…
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RV News
Trends: 252,000 Left Jobless Before Holidays
The number of Americans who applied for unemployment benefits in early December soared to highest level in more than two…
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RV News
Survey: Boat Dealer Sentiment Fell in November
Marine dealer sentiment on current and long-term conditions worsened in November, dropping back into negative territory after moving into the…
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RV News
Trends: Small Business Saturday Generates $19.6B
Business boomed last weekend on the 10th annual Small Business Saturday, bringing in an estimated $19.6 billion in revenue for…
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RV News
Trends: U.S. Trade Deficit Fell 7.6% in October
The nation’s trade deficit dropped almost 8 percent in October to a 16-month low, largely because of lower imports from…
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Report: RV Values Begin Seasonal Decline
Black Book has reported that the average selling price for used motorized units was $46,293, which is down $2,068 (4.2 percent)…
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Economist Links Cummins Layoffs to Trade Dispute
A professor at the Indiana University Kelley School of Business says the announced layoffs at Columbus-based Cummins are a signal…
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Trends: U.S. Consumer Spending Up Slightly in October
Americans increased their spending in October at the fastest rate in three months, even though income growth was essentially flat,…
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Trends: U.S. GDP Revised Upwards to 2.1% for 3Q
The U.S. economy grew at a 2.1 percent annual pace in the third quarter, a few ticks higher than previously…
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Trends: U.S. Jobless Claims Tumble Before Thanksgiving
The number of people who applied for unemployment benefits fell sharply in the week before the U.S. Thanksgiving holiday, putting…
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RV News
Trends: Trade Deficit Goods Decline 5%
The nation’s trade deficit in goods fell almost 6 percent in October to a 17-month low in what was probably…
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RV News
Trends: Consumer Confidence, Home Sales Dip
U.S. consumer confidence fell for a fourth straight month in November amid worries about current business conditions and employment prospects,…
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RV News
Trends: Tariffs Hit New High in $2.6B Increase
Outdoor businesses are running out of wiggle room for tariffs on all types of products, as duty after duty gets…
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October RV Shipments Decrease 10%
The RV Industry Association’s October survey of manufacturers found that total RV shipments ended the month with 38,972 wholesale shipments,…
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Canadian Wholesale RV Shipments Decrease 38%
The Canadian RV Association has reported that RV wholesale shipments into Canada for the third quarter, ending Sept. 30, totaled 6,244 units,…
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Used RV Sales Key for Camping World
As Camping World Holdings pivots away from outdoor retail and as the RV market continues to sputter, the Lincolnshire, Ill.-based…
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RV News
Tesla to Unveil Truck on Nov. 21 with 300,000-pound Towing Capacity
Tesla watchers have been breathlessly hunting for clues about the company’s long-anticipated electric “cybertruck.” The anticipation may soon be over.…
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RVshare Releases Travel Trend Report for 2020
RVshare recently analyzed third-party research and internal data and found that the interest in RV rentals has grown 650 percent since…
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Trends: Indiana 2020 Growth Expected to be Minor
A new report from Indiana University says the state’s economy is expected to expand in 2020, but not by much.…
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Trends: Used Motorized RV Values Up 9%
Black Book has released the used values of RVs for September, showing that the average selling price for motorized units…
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RV News
Industry Members Pleased by Uptick in Shipments
RV shipment numbers in September were higher than the same month a year before, breaking a 13-month streak of negative…
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RV Wholesale Shipments Experience Slight Increase
The RV Industry Association has released its September survey of manufacturers, finding that total RV shipments ended the month with…
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Study: Used Fifth Wheel Prices Ahead of Third Quarter 2018
NADAguides has reported its market insights for the third quarter of 2019, showing that most segments of the RV market…
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RV News
Trends: Small Business Loan Volume Reaches $28B
The U.S. Small Business Administration announced fiscal year 2019 lending numbers, showing that it guaranteed more than $28 billion to entrepreneurs…
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Used Motorized RV Values Down 8.9 Percent
Black Book recently reported the used values of RVs as fall approaches, showing that the average selling price for motorized…
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RV News
Report: Outdoor Rec Generates $778B Annually
The second consecutive year of economic data on the outdoor rec industry by the Bureau of Economic Analysis (BEA) has…
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August RV Shipments Drop 15 Percent from 2018
The RV Industry Association’s August survey of manufacturers found that total RV shipments ended the month with 33,674 wholesale shipments,…
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U.S. Dept. of Labor Issues Overtime Rule
The U.S. Department of Labor has announced a final rule to make 1.3 million American workers eligible for overtime pay…
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Powerboat Registrations Up Slightly in August
Registrations in the main powerboat categories grew 0.8 percent in August versus the same month last year, but were still…
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ARVC Reimagines OHCE with New Edu, Speaker Lineup
In response to member needs, the National Association of RV Parks and Campgrounds (ARVC) has announced a new and improved…
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RV News
RV Shipments for 2020 Predicted to Be 387,400
RV wholesale shipments will see a modest cyclical decline through the remainder of 2019 and into 2020, according to the…
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Canadian Wholesale Shipments Decrease 26 Percent
The Canadian RV Association reports that RV wholesale shipments into Canada for the second quarter, ending June 30, totaled 13,122 units compared…
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RV News
Trends: Labor Day Gas Prices Lowest in 3 Years
According to GasBuddy, gasoline prices this Labor Day are set to be lower than last year for everyone. GasBuddy predicts…
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Wholesale RV Shipments Decrease 23 Percent in July
The RV Industry Association’s July survey of manufacturers found that total RV shipments ended the month with 28,044 wholesale shipments,…
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RV News
Trends: RV Sales Trigger Recession Warning
Elkhart, Ind., is flashing a warning sign that a recession could be just ahead. Capital of the country’s recreational-vehicle industry, the…
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RV News
Report: Boatbuilding Decline Expected Next Year
A recently released report from ITR Economics said that boatbuilding is expected to decline next year and rebound in 2021.…
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RV News
Aftermarket Survey Data Stresses Importance of Young RVers
DENVER, Colo. – At the second luncheon during the RV Aftermarket Executive Conference, five leaders of the industry led a…
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RV News
NMLA Releases Annual Statistical Report
The National Marine Lenders Association (NMLA) recently released a marine finance market study of lending trends and operations in the…
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RV News
Learning Center Scholarship Goes to Taylor Boyd
Taylor Boyd, whose father is a full-time employee at Lazydays RV of Tampa, Fla., has been chosen to receive the…
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Senators Back Highway Spending
A bipartisan group of U.S. senators unveiled a proposal on Monday to authorize $287 billion in federal government spending over…
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RV News
Elkhart Co. Unemployment Grows Slightly
The slowdown of the RV industry has resulted in an increase in unemployment filings in Elkhart County, Ind., although the…
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RVIA: Motorhome Shipments in June Down 20%
The RV Industry Association’s June survey of manufacturers found that total RV shipments ended the month with 36,524 wholesale shipments,…
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NADAguides Reports 8.5% Increase in Fifth Wheels
NADAguides recently reported that the second quarter was strong for most segments of the RV market. Starting with travel trailers,…
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RVInsider Offers Reviews, Evaluations
RV shopping just got easier with RVInsider, the first RV review site featuring evaluations from current and former RV owners who…
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RV News
May Shipments Continue to Spiral
The RV Industry Association’s May survey of manufacturers found that total RV shipments ended the month with 39,724 wholesale shipments,…
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RV News
Unemployment Flat Again in May
Indiana’s unemployment rate remained at 3.6 percent for the third consecutive month in May. The Indiana Department of Workforce Development…
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RV News
Camping World Debt Ratings Receives Negative Outlook from Moody’s
Moody’s Investors Service confirmed all ratings of Camping World, including the B1 Corporate Family rating, and assigned a negative outlook.…
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Boat Dealers Experience Decline in Sales
More than half of dealers responding to a survey about May conditions, 51 percent, said they saw declines rather than…
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RV News
RV Study Touts Economic Impact of $114 Billion
The new RVs Move America Economic Impact Study, released at the annual meeting of the RV Industry Association, revealed that…
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RV News
Economic Impact Study Casts Spotlight on Indiana
A new study on the economic impact of the RV industry shows Indiana has the most economic activity related to…
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Canadian Wholesale RV Shipments Fall 30 Percent
The Canadian RV Association has reported that RV wholesale shipments into Canada for the first quarter, ending March 31, totaled 12,463 units…
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RV Shipment Prediction for 2019 Dips 13 Percent
Following a sluggish start for RV wholesale shipments through the first third of the year, the RV Industry Association expects…
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RVIA: April Wholesale Shipments Drop by 15%
The RV Industry Association’s April survey of manufacturers found that total RV shipments ended the month with 40,243 wholesale shipments,…
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Is Market Immune to Trade War?
The stock market has so far withstood its ongoing “gut check,” with a three-day bounce after last Monday’s mini-tariff-panic sell-off,…
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RV News
Trends: GasBuddy Predicts Gas Price Relief
The national average price of gasoline has experienced its largest seasonal rise since 2011, according to GasBuddy. The company predicts…
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March Wholesale Shipments Decline 26% Compared to 2018
The RV Industry Association’s March survey of manufacturers found that total RV shipments ended the month with 38,015 wholesale shipments,…
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RV News
KOA Annual Report Finds Growth Surge in Diversity
Kampgrounds of America recently released its 2019 Camping Report, showing that more than 7.2 million households in the U.S. have…
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Boat Registrations Dip in March
Ski and wake boat registrations were up 8.7 percent in March, compared with March 2018. It was the only segment…
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How Government Regulations Changed the World of Manufacturing
Editor’s Note: To read more in this series on by Mike Keller, click here and here. Growing up in a…
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RV Values Rise at Auctions Across All Segments
Black Book recently reported that the average selling price for motorized units was $42,768, which is up $922 (2.2%) from the…
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RV News
Trends: Gas Effects Rise in Consumer Prices
U.S. consumer prices climbed 0.4% in March, an increase caused mostly by higher costs for gasoline, electricity and shelter. This…
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RV News
Survey: RVers Prefer Stores Over Online Shopping
Research conducted by the RV Industry Association of RV aftermarket consumers shows that buyers prefer to purchase RV parts and…
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RV Volume at Auctions Picks Up in Spring
Black Book released its most recent insight into the used RV market as spring arrives. “Now that spring is finally…
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RV News
Analyst: About a 25% Chance of a 2020 Recession
The U.S. economy grew at a 2.2 percent rate in the fourth quarter last year, revised down today from the…
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OMNOVA Laminates, Films Impacted by RV Market
OMNOVA Solutions recently reported that net sales for its first quarter were $168.9 million, down 5.5 percent from last year’s $178.7 million.…
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RV News
CRVA: Wholesale RV Shipment Highest in a Decade
The Canadian RV Association recently reported that RV wholesale shipments into Canada for the fourth quarter ending Dec. 31, 2018,…
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February Wholesale RV Shipments Decline 15 Percent
The RV Industry Association’s February survey of manufacturers found that total RV shipments ended the month with 36,421 wholesale shipments,…
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RV News
Industry Veteran Monicatti Passes Away
Bill Sheffer, executive director of the Michigan Association of RVs and Campgrounds issued the following statement. “It is with much…
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Spring Kicks Up Used Prices
Black Book, in its monthly report on used RV values, noted that with spring approaching, dealers are seeing an increase…
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Webinar Examines FMLA
The Mike Molino RV Learning Center and strategic partner KPA will host a free webinar at 1 PM EDT on…
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Community: RV Care, KOA Announce New Partnership
RV Care, Canada’s Largest RV Dealer Network is very excited and pleased to announce a new partnership with Kampgrounds of…
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Camping World Revenue Increases 12 Percent
Camping World Holdings has reported results for the fourth quarter and full year ended Dec. 31, 2018, showing that revenue…
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RV News
EliteStor Opens in Louisiana
Designed to be the South’s premier storage for Boats and RVs, EliteStor announced today the opening of its facility in St. Rose, La.…
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Thor Sees Sales Plummet 34.5% in 2Q, Downshifts Production
Thor Industries has announced its second-quarter results with net sales of $1.29 billion, compared with the record second-quarter revenue posted…
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RVIA Graph Shows RV Decline by Category
The RV Industry Association recently reported how RV shipments finished 2018 at the second highest annual total in nearly a…
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RV News
Richard Curtin Predicts Slight Shipment Dip in 2019
RV shipments will be down slightly in 2019, according to a new forecast prepared by longtime RV industry analyst, Richard…
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Black Book Reports Volume Increase, Mixed Values
Black Book recently reported that the average selling price for motorized units was $40,158, which is down $3,277 (7.5 percent) from…
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RV News
RV Shipments Decreased 39 Percent in January
The RV Industry Association recently released the market report numbers for RV shipments in January. The RVIA January survey of…
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RV News
Rollick Shares Marketing Trends on RV Industry
Rollick has released the results of a recent survey of powersports, RV, and boat dealers about their current and future…
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U.S. Funds Yearly Analysis of Outdoor Rec
The marine industry learned last year that outdoor recreation, including boating and fishing, contributes 2.2 percent to the U.S. GDP,…
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Forecast 2019: A Look at What to Expect
Businesses should enjoy brisk economic tail winds in 2019, according to economic experts, who say corporate profits will continue to…
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RV News
Camping World Shares Rise 23 Percent
Shares of Camping World climbed 23.6 percent in January, according to data from S&P Global Market Intelligence, after the RV retailer announced a…
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RV News
Study: RV Market to be Worth $75 Billion by 2025
The global RV market was worth $54.6 billion in 2017 and is anticipated to grow at a CAGR of about 4.11 percent from 2017…
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NADAguides Releases Market Report for 2018
NADAguides recently issued an RV market update showing that 2018 remained a good year for despite wholesale shipments falling short…
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RV News
Study: Composite Panels to Reach $555M in 2024
Stratview Research recently released a research report on the RV composite panels market by product type, by application type, by resin type, by…
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RV News
2019 RV Shipment Total Would Still Be Third Highest
Economic growth might be slowing a bit in 2019, but it won’t be enough to have too much of an…
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RV News
Santander Consumer Reports Q4, Full Year 2018
Santander Consumer USA Holdings (SC) has reported a net income for the fourth quarter, ended Dec. 31, of $104 million. Net income for the…
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