GOSHEN – A group that represents about 400 recreation vehicle manufacturers and component suppliers is predicting RV sales will be up more than 7 percent this year.
The Goshen News reports that Recreation Vehicle Industry Association analyst Richard Curtin is projecting the industry will have its second straight good year, and predicts it will be up again next year. RV sales plunged in 2009 because of the recession and the credit crisis.
Curtin says the RV market is expected to continue to grow at a reasonably robust pace, especially in view of the overall economic environment. He says factors helping the industry are that credit is more available, jobs and incomes are increasing, and household wealth has improved. But he also the RV industry must be prepared for some volatility.