RV Industry Shows Signs of Economic Growth on Wheels

Updated: 11/29/2012 11:06 PM KSTP.com By: Naomi Pescovitz

There is a sign that the economy is coming back and it is riding in on four wheels or more. RV dealers across the country are stocking up, anticipating a growth in sales.

According to the Recreation Vehicle Industry Association, by the end of 2012, 277,300 units will be shipped from manufacturers, speeding past last year's shipments by 10 percent. In 2013 analysts predict 289,900 units will be shipped, a 4.5 percent bump.

"The recession hit this industry... 2008 was pretty bleak," said Mark Monroe, a sales consultant at PleasureLand RV in Ramsey who has been on the job for 15 years.

Business has turned, now rolling down a different path. In January through August of 2012, shipments of motorized RVs to Minnesota dealerships were up about 8 percent. Shipments of trailers were up 9.2 percent.

"We're finally seeing a real big influx of people that have been sitting in their trade-ins for too long and finally they are starting to come in in droves and actually trade into purchase new ones," said Jon Gaida, General Manager at PleasureLand RV.