RV industry's recovery gains speed in 2012
By The Associated Press
Published: Wednesday, Nov. 28, 2012, 12:01 a.m.
The RV industry's recovery from the Great Recession has picked up speed.
Recreational vehicle makers are churning out higher numbers of travel trailers bound for dealers' lots and, ultimately, campgrounds. Overall shipments — a key measure of demand — are expected to rise 10 percent in 2012 and could gain another 4.5 percent next year, the Recreation Vehicle Industry Association said Tuesday.
Through September, shipments were up nearly 11 percent from the same period last year, the group said.
“We made up a lot of ground this year,” said Jeffrey Pastore, owner of Hartville RV Center in northeast Ohio. “We're seeing a lot more buyers walking in the door, and we're seeing those buyers with more money in hand.”
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