Industry Overview
RV Market Update
All segments of the RV market are trending positive, with values for camping trailers and truck campers continuing to leave the previous three years behind.
Camping trailers brought about 6% more money in the September-October period of 2018 compared to 2017, while truck campers brought about 5% more.
In the larger trailer segments, both standard hitch and fifth wheel trailers performed similarly to the September-October period of 2017.
Standard hitch units were extremely stable throughout 2018, and fifth wheel units have been stable to upward since the second quarter.
Currently, standard hitch trailers are off the 2015 peak by about 8%, and fifth wheel trailers are off by about 16%.
Moving over to motorhomes, Class A and Class C units are showing strength.
Class A’s widened the gap to 2017 to about 2%, but are still off the 2015 peak by about 6%.
Class C’s are now leading the previous three years, if just by a bit.
Economic factors impacting RV demand are generally positive.
Employment and wage growth continue to grow.
Interest rates could impact demand for the high-priced segments, but income and confidence could counteract that factor.
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