RV shipments to retailers totaled 40,740 units in March, up 13.9% over the previous month and ahead of this same month last year by 11.5%, based on the Recreation Vehicle Industry Association’s (RVIA) latest monthly survey of manufacturers.
This was the largest single monthly total for all RVs since March 2006. Seasonally adjusted, the March total this year represented an annualized rate of more than 420,000 units, the highest run rate in more than 10 years.
Year-to-date, first quarter shipments have now climbed to 108,195 units, 11.5% ahead of this same period last year. On a seasonally adjusted basis, first-quarter shipments were running at an annualized rate of more than 430,000 units, 12.2% ahead of the pace reported for this same period last year.
Both towable and motorhome categories were reported at higher totals than this same three month period in 2015 with a greater unit increase for all towable RVs, largely conventional travel trailers, while all motorhomes improved by a higher percentage total, led by Class C motorhomes.
Park model RV shipments were off to a sluggish start for the first two months of 2016, according to the Recreation Vehicle Industry Association (RVIA) monthly shipment report for February.
After starting off slightly ahead in January, February’s wholesale shipments by park model manufacturers were down 21.1% compared to February 2015, according to RVIA. Builders shipped 302 park models, compared to 383 the previous February.
For the first two months of the year, park model shipments were down 9.9% from the same period of 2015 with a cumulative total of 580.
Looking at shipment destinations, RVIA reported that Texas received the greatest number of February’s shipments with 36, followed by 25 shipped to Indiana, 21 to Arizona, 20 to California and 19 each to Ohio, Wisconsin and New Jersey.
In the Recreation Vehicle Industry Association’s (RVIA) February survey of manufacturers, RV wholesale shipments to retailers accelerated to 35,929 units this year, a 13.9% increase over last month and a 12.1% increase over this same month one year ago.
Through the first two months this year shipments have reached 67,455 units, an 11.4% gain over this same two-month period last year. Continuing a trend established a number of months ago, towable RVs have increased by the largest unit totals while motorhomes reported the greatest percentage gains over the previous year.
Increased employment and greater consumer discretionary income have been the driving force behind recent consumer spending increases, which factored heavily into the increase in RV shipments. This month’s total was the best February in 39 years and represents an annualized rate of more than 425,000 units. It also marks the best such annualized rate since late 2005.
Total shipments of park model RVs finished 2015 down by 3.5% compared to 2014, according to the Recreation Vehicle Industry Association (RVIA).
December was the largest down month compared to 2014, with only 193 units shipped compared to 261 the previous December, a drop of 26.1%.
Texas and Arizona each received 26 park models in December, while California was the next-highest shipment destination with 23. The balance were spread throughout the U.S. and Canada.
For the entire year, park model manufacturers shipped 3,649 units compared to the 3,781 units shipped in 2014, according to the RVIA.
Wholesale shipments posted a robust finish to 2015, rising to 28,025 units in the Recreation Vehicle Industry Association’s (RVIA) December survey of manufacturers, 4.8% ahead of the final month last year and the largest December total since 2005.
For the year as a whole, all RV shipments reached 374,246 total units, an increase over the previous year of 4.9% and the best yearly total since 2006. This year marked the sixth consecutive annual increase in RV shipments since the end of the recession.
Seasonally adjusted, the annualized rate in December remained at or near the 400,000 unit level for the fourth consecutive month pushing final calendar quarter totals ahead of third quarter results for the second year in a row. While all towable RVs remained ahead of all motorhomes shipments, the percentage gain in Class C motorhomes was an impressive 40% greater than December one year ago.
The Recreation Vehicle Industry Association (RVIA) reported that RV wholesale shipments for November totaled 27,329 units, representing a 3.9% gain compared with November of 2014. Through the first 11 months, RV wholesale shipments reached 346,221, 4.9% ahead of this point last year. Class B and Class C motorhomes posted the largest year-over-year increases for the month with 24.3% and 16% gains respectively.
RV wholesale shipments tracked by RVIA posted the highest October total in more than 40 years with 33,843 units shipped last month, 21% higher than September 2015 and 4.6% greater than October 2014. On a seasonally adjusted basis, October’s total reached above 405,000 units annualized. Through October, RV wholesale shipments have reached 318,892 units for 2015, 5% ahead of this point last year. The 10-month shipment totals this year are running at an annualized rate of 370,000 units, making 2015 the best since 2006. Gains in conventional travel trailers and Class C motorhomes continue as the strongest segments in 2015.
RV wholesale shipments to retailers of 27,960 units were reported by manufacturers in the Recreation Vehicle Industry Association’s (RVIA) September monthly survey, 2.3% greater than the previous month and 12.4% ahead of the same month one year ago. This was the highest September total in nine years with gains recorded in conventional travel trailers and all categories of motorhomes. Seasonally adjusted, shipments in September were at an annualized rate of more than 405,000 units. Year-to-date, total RV shipments have now climbed to 285,049 units through the first nine months of the year and ahead of this same period last year by 5%. Towable RVs have gained 5% while motorhomes shipments were up 5.5% through September.
The August shipment numbers released this week by the Recreation Vehicle Industry Association (RVIA) show that park model RV shipments for August were identical to shipments in August 2014 at 275 units.
For the year, manufacturers have shipped 2,642 park model RVs, down half-a-percent from the 2,654 shipped by the same point in 2014.
By region, the upper Midwest states received the most shipments of park models for the month, with 60. The Pacific states were second, receiving 47 units. For details on shipment locations, click here.
Manufacturer shipments to retailers tracked by the Recreation Vehicle Industry Association (RVIA) improved in August this year, climbing to 27,330 units – a small gain over last month and a 3.4% gain over this same month last year. This was the best August shipment total in eight years and raised year-to-date totals of all RVs to 257,089 units, 4.4% more than the first eight months last year. Travel trailers led all vehicle categories this month, rising 11.7% over this same month last year and representing nearly 66% of all RVs shipments. As a group, all motorhome shipments were reported at 3,904 units, slightly less than August one year ago but representing nearly 15% of all RV shipments.
Wholesale shipments to retailers totaled 27,106 units in the July survey of manufacturers, off 3.1% from this same month last year. All categories of vehicles participated in the slight decline with the exception of truck campers and Class A motorhomes where gains in shipments were restored.
Through July this year, RV manufacturers have reported total wholesale shipments of 229,759 units, a gain of 4.4% over this same period last year. Seasonally adjusted, July’s total represented an annual rate of 345,000, about 5% less than the 7-month average so far in 2015.
RVIA Senior Director of Communications Bill Baker told RVBUSINESS.com that the slight decline in July shipments was more a reflection of the strong numbers posted in 2014 than a downward trend.
“For the month, shipments were off slightly, but overall it was a very strong July,” he said. “Historically, July is the time of year when shipments start to trend down a bit, but it was still the second best July in the years coming out of the recession. Last year, shipments totaled 27,106 units, which was a high mark, and were above the 15-year July average of 24,600 units.”
“RVIA looks at the bigger picture,” Baker added. “We will typically see some month-to-month declines, but overall we’re looking at 2015 being on pace to finish in the 375,000 unit range, representing 4-5% growth for the industry.”
Wholesale shipments to retailers of all RVs improved modestly in the June survey of manufacturers, rising 1% over the previous month and up 2.9% over the June total one year ago. June’s increase reversed May’s small decline and returned RV shipments to its more recent trend line. Through June, RV wholesale shipments have now risen to 202,653 units, ahead of last year’s results by 5.5%. At a seasonally adjusted annualized rate of nearly 370,000 units, the mid-year total was the best since 2006.
According to our survey of manufacturers, total RV wholesale shipments were reported at 38,343 units in April this year, a gain of 4.9% over last month and 13.5% over this same month last year. This was the 40th consecutive month in which RV shipments were ahead of the corresponding month one year earlier and the best April in more than 4 decades.
The consistent growth in RV shipments is unprecedented as conventional travel trailers totals reached 24,312 units this April, the highest number for these products in more than 40 years.
Year to date, total RV shipments of 135,417 units are strongest start to any year since 2006. On a seasonally adjusted basis, shipments were at an annual rate of more than 395,000 units in the month of April.
RV wholesale shipments to retailers tracked by the Recreation Vehicle Industry Association (RVIA) continued to improve in February reaching 32,045 units during the second month this year, a 12.5% increase over last month and a 4% increase over this same month one year ago. Reacting to an improved economic climate and rising consumer sentiment, wholesale shipments responded with the highest February total since 2006.
In spite of winter’s disruptive patterns RV shipments have consistently outperformed recent history and continue to set new records. Through the first two months of 2015 shipments have reached 60,539 units, a gain of 7.5% compared to the same period last year. On a seasonally adjusted basis, shipments through February were at an annual rate of more than 395,000 units, more than 10% ahead of the actual 2014 total.
Total RV shipments to retailers in January totaled 28,494 units, 11.9% greater than the same month last year and the largest January total in nine years. Fueled by growth in all vehicle categories, the January total represented a seasonally adjusted annualized rate of more than 400,000 units, the highest such total since the spring of 2006. Shipments this January were 6.5% greater than a strong final month last year, holding promise of further gains ahead. Improved consumer confidence buoyed by an improved general economy, increasing consumer discretionary income and low interest rates have all been credited with providing an enhanced environment for RV sales.