We continue to see statistics and numbers from various sources that support the theory that the health of the RV industry is on the rise. From manufacturers to dealers to consumers…there’s a positive outlook for upcoming months and years.
Phoenix, AZ (Vocus) April 5, 2010
Pedata RV Center cites positive US consumer confidence index numbers released for January 2010. January’s 55.9 represents a 16 month high. The index reached an all time low in February 2009 at 25.3. The January high is preceded by November 2009’s 50.6 and December 2009’s 53.6.
RV industry experts have been predicting the upturn for months and the most recent numbers indicate that the time has come. In addition to the US Consumer Confidence Index 16 month high RV dealers are seeing positive buying movement and the RVIA recently released numbers indicating that wholesale shipments to retailers rose 150% in December 2009 (in a year over year comparison).
The US Consumer Confidence Index reflects consumers’ positive view of current conditions. January’s numbers complete the third consecutive month in which the confidence index rose. The increase indicates that more consumers are less dire regarding their income possibilities than in December (or November). Rises in the consumer confidence index have historically gone hand in hand with increased consumer spending indicating good things to come for corporate revenue and earnings.
Pedata RV Center’s Gerard Pedata suggests, “We continue to see statistics and numbers from various sources that support the theory that the health of the RV industry is on the rise. From manufacturers to dealers to consumers…there’s a positive outlook for upcoming months and years.”
Pedata RV Center provides consumers with wholesale pricing on a wide variety of recreational vehicle products online, including Class A, Class B and Class C RVs. Their inventory details are accessible online as well as appropriate industry information and RVing lifestyle tips and suggestions.
For more information on Pedata RV Center, or current trends in the RV industry:
Contact: Gerard Pedata
Company: Pedata RV Center
Phone: 1-888-545-8314 or 520-807-0900