Richard Curtin Scales Back ’10, ’11 Forecasts
University of Michigan Economist Richard Curtin’s latest forecast for 2010 and 2011 wholesale shipments have been scaled back from his most recent forecast, published in September.
Curtin forecasts wholesale RV shipments to finish 2010 at 236,700 units, a 43% increase over the 165,700 units shipped in 2009.
Looking ahead to 2011, Curtin sees RV shipments climbing by 4% to 246,000 units.
His forecasts were released today (Nov. 30) at the National RV Trade Show in Louisville, Ky.
In September, Curtin projected that shipments would reach 239,900 units by the end of 2010 and 259,600 units in 2011.
As for his 2011 forecast, he sees increases spread across all vehicle types:
- Travel trailer shipments are expected to climb 3% to 145,600 units.
- Fifth-wheels are expected to jump 5% to 57,200 units.
- Folding camping trailers will increase by 2% to 14,000 units.
- Truck campers will see an 8% rise to 2,900 units.
Motorized segments are also expected to see gains:
- Class A motorhome shipments are set to rise 2% to 13,300 units.
- Class B motorhomes will hit 1,900 units on 19% growth.
- Class C motorhomes will increase by 8% to 11,100 units.