RVIA: February Wholesale Shipments Up 95%
Here’s some good news to end your week: RV shipments were up in February. Way up.
RV wholesale shipments to dealers were reported at 20,100 units in the February survey of manufacturers, an increase of 27% over last month and 95% greater than this same month one year ago, the Recreation Vehicle Industry Association (RVIA) reported today (March 26).
February 2010 was the best monthly total in nearly two years. Seasonally adjusted, these results represent an annualized total of more than 231,000 units.
Improvements were reported in all product categories with towables increasing by the most units and motorhomes by the greatest percentage. Conventional travel trailers continued to represent roughly six in 10 RV shipments in February with towables as a whole represented 90% of all shipments.
Motorhomes improved over last month by more than a third, reaching 2,000 units for the month. In all, RV shipments during the first two months in 2010 were double their totals of last year.
By segment, February shipments were as follows, compared to February 2009:
- Travel trailers, 12,000, up 93.5%.
- Fifth-wheels, 4,600, up 91.7%.
- Folding camping trailers, 1,200, up 33.3%.
- Truck campers, 300, up 200%.
- Class A motorhomes, 1,000, up 233.3%.
- Class B motorhomes, 200, up 100%.
- Class C motorhomes, 800, up 100%.
Year-to-date, towable shipments totaled 32,400, up 100% from the first two months of 2009, while motorized shipments totaled 3,500, up 150% from 2009.
This brings 2010 shipments through February to 35,900, up 104% compared to 17,600 in the first two months of 2009.
Looking at the table that accompanies RVIA’s shipment report, the arrow points upward and is clearly separated from the softness of 2009. A recovery is clearly underway.