Wednesday, September 28, 2011

Economy & uncertainties great for RV industry

alternative to air travel will continue until the end of 2003 strong. Demographics for RV buyers as well as changed, broadening of the basic RV Buyer. Frith refers to the recreational vehicle industry associations RV Business indicators (April 2003) as one of the sources of data.

"RV wholesale shipments are unchanged in the first half of the year predicted to increase in the second half of the year, reflecting fears about war, as well as the concern about the future job and income prospects, according to Dr. Richard Curtin, Director of consumer surveys at the University of Michigan. RV Sales continues to outperform other areas of consumer spending, such as 2003 unit shipments are expected to be 2% higher than in 2002, when 311,000 units were shipped.

Because stainless steel people with greater freedom, flexibility and control they have appeal to Americans shown in times of national emergency. Home by its nature, RV travel less influenced by the international crisis and relies less on foreign visitor traffic for support. In spite of the uncertainties in the months leading up to the war, RV shipments remained strong. The RV industry is currently in a growth cycle, and the long-term prospects for the RV Sales continue to point out very clearly, an analyst.

Frith says that low interest rates also play a role in the RV Sales. Mortgage rates are at their lowest and consumer can refinance their homes have provided. Mortgage refinancing surged more than 200% in 2002. Consumers paid off high interest credit cards and other debt securities, which are then freed up money for RV purchases.

Frith also believes that the Internet is a growing resource for RV buyers to search of the RV of their choice will be. The Internet is a great tool in as much as buyers have the possibility to shop like never before, says Fred Frith.

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