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Jump in Shipments Good Sign for Northern Ind.
Posted By RV Business On January 7, 2013 @ 11:03 am In Breaking News | No Comments
Many industries wish they could have the performance that the recreational vehicle sector recorded in 2012, according to a report in the South Bend (Ind.) Tribune.
With December numbers yet to be fully tabulated by the Recreation Vehicle Industry Association (RVIA), RV shipments to dealers were up each month through November compared with the corresponding month in 2011.
Those figures are very important to the northern Indiana economy. RVIA estimates that 82% of all recreational vehicles built in the U.S. are made in the region, with more than 24,000 people employed in either the RV manufacturing or supply sector.
RV wholesale shipments to retailers increased to 20,561 units in November, a 25.2% increase from November of 2011.
“The numbers being up are a good sign for everybody,” said Matt Rose, newly named director of recreational vehicles for the Recreation Vehicle Indiana Council (RVIC). “Everyone knows what direction we’re going.”
The RV market is based on consumer confidence, Rose said, and it’s running pretty high right now.
The fact that the fiscal cliff was averted, with taxes for the middle class remaining similar to last year, also helps, he said.
Overall, Rose likes where the industry stands, heading into 2013, especially with RV shipments up 13.3% through November compared with the same period in 2011. He said shipments were especially high in October and November compared with the previous year.
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