Shipments Confirm Industry’s Robust Pace in ’13
The numbers remain strong – very strong.
The South Bend (Ind.) Tribune reported that October marks the 20th straight month RV shipments were greater than the same month the previous year. And October did not just barely beat the numbers.
According to the Reston, Va.-based Recreation Vehicle Industry Association (RVIA), RV shipments to retailers were up 29.3% over September and up 16.6% compared with October 2012.
It was no surprise to Bob Martin, president and CEO of Thor Industries Inc., which employs about 7,600 Hoosiers and whose company headquarters are in Elkhart, Ind. The company is the world’s largest manufacturer of recreational vehicles..
In all, the RV industry employs more than 24,000 people in Elkhart County alone.
“Things have been positive for Thor over the last year,” Martin said Tuesday. “It’s good to see (similar numbers) for the industry as a whole.”
Year-to-date shipments through October have reached 277,703 units, which is 12.8 percent ahead of the same 10-month period last year.
According to the RVIA, the latest figures all but ensure that totals for the year will be the best in six years.
“It’s a great barometer as you look at 2014,” Martin added. “Many of the dealers and customers that we’ve spoken to coming out of the (fall) open house and as we head to Louisville (for RVIA’s 51st National RV Trade Show) next week, have all been very optimistic for a robust 2014.”
There are a lot of reasons for the optimistic outlook.
“Strong trading and significant milestones within the stock market continue to bolster the economy and consumer confidence,” said Matt Rose, director of recreational vehicles for Indiana Manufactured Housing Association/Recreation Vehicle Indiana Council Inc (MHA/RVIC).
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