Goshen News, Goshen, IN

Breaking News

June 4, 2013

RV growth expected to pick up steam

GOSHEN — A recreational industry forecast has been updated and calls for a larger gain in units shipped this year.

RV industry analyst Richard Curtin of the University of Michigan, modified his forecast Monday, which now calls for an 8.4 percent increase in units shipped in 2013. Curtin had forecast earlier this year that there would be a 7.5 percent gain. Curtin’s new forecast, if accurate, means 309,800 RVs will be shipped to dealers by manufacturers. In 2012, 285,749 units were shipped.

Curtin made his presentation at the opening of the Recreation Vehicle Industry Association’s committee week Monday.

If the increase develops, it would be the fifth straight year that RV shipments have increased.

In addition, Curtin said the industry should continue to have gains, saying he expects shipments will reach 321,800 units in 2014, according to the RVIA.

The estimated total for 2013 would be an 87 percent increase from the industry’s recession low in 2009, when 165,700 units where shipped, according to the RVIA.

“The favorable RV outlook is based on modest gains in jobs, incomes and household wealth,” Curtin said. “Consumer budgets have changed, but they still hold steadfast preferences for the RV lifestyle.”

According to the RVIA, Curtin said consumers have adopted a more realistic economic outlook and manufacturers have responded by introducing an array of new products that will provide the RV experiences while respecting their new budget limitations.

“The RV industry will approach its next peak as the market demand for RVs continues to improve, particularly among baby boomers and younger buyers due to the ongoing efforts of the Go RVing campaign and the new product offerings from manufacturers,” Curtin said. “Given the modest gains expected in the financial situation of likely RV buyers, this next market peak is likely to be approached gradually.”

The RV market is expected to be bolstered over the next two years with rising home values and higher stock prices boosting the willingness and ability of new RV buyers, according to the RVIA.

“The strong appeal of the RV lifestyle underscores the iconic status of the RV in the minds of American consumers,” Curtin said. “This reflects deeply held family values, the enduring appeal of the natural environment, and people’s desire to instill in the next generation their cherished traditions.”

1
Text Only
Breaking News
  • Middlebury man burned in water heater blast 
 MIDDLEBURY — Authorities say a Middlebury man has been hospitalized after he was injured when a water heater exploded. Firefighters tell WSBT-TV the man in his 20s was trying to light a water heater that had run out of gas and used too much fuel. The

    July 26, 2014

  • Clinton Frame leaving IN-MI Mennonite Conference over same-sex marriage

    After nearly 100 years of being in the Indiana-Michigan Mennonite Conference, Clinton Frame Mennonite Church officials announced it will be leaving because of the controversy related to same-sex marriage.

    July 24, 2014

  • Red D Mart armed robbery New Paris Police ask for public's help in identifying would-be robber

    Elkhart County police have released still photos captured from video of the man who attempted to hold up Red D Mart gas station, 68310 Ind. 15, New Paris, on Saturday, July 19.

    July 23, 2014 2 Photos

  • Red Cross in urgent need of donors

    The American Red Cross is facing a blood shortage, leading to an urgent need for donors of all blood types to roll up a sleeve and give.

    July 23, 2014

  • Huron Street residents under boil order

    Tuesday morning, Goshen water crews shut down the water main on Huron Street to replace a broken fire hydrant.
    The Indiana Department of Environmental Management requires the Water Utility to issue a boil water order for the affected area, which is Huron Street from West Lincoln to Pike Street.

    July 23, 2014

  • GN140723 CR34-Ind. 13 Crash 1 LaGrange man airlifted from scene of crash A motorcyclist was seriously injured in a crash at Ind. 13 and C.R. 34 at 1:48 p.m. Tuesday. Terry Fry, 44, LaGrange, was airlifted by MedFlight from the scene. Elkhart County police said he was taken to South Bend Memorial Hospital with fractures to

    July 22, 2014 1 Photo

  • Suspicious blinking package with battery pack causes police to evacuate business area

    A package with a battery pack and a blinking red light found on the desk of an employee at MSC, 28551 Laura Court, Elkhart, caused police and firefighters to evacuate the area this morning.
    The package turned out to be a GPS tracking device and not a bomb.

    July 22, 2014

  • Cat beaten to death in burglary

    A house cat was found beaten to death following a burglary at a home in Howe Sunday.

    July 21, 2014

  • GN140721 Kosciusko Fatal Photo #2.jpg Fiery crash kills one, critically injures two in North Webster

    A fiery crash in North Webster left a Pennsylvania man dead and two others critically injured at 3:21 p.m. Sunday on Ind. 13, near Esterbrook Drive.

    July 21, 2014 4 Photos

  • GN140719 obit mcdaniel Jeanine M. McDaniel OSCEOLA — Jeanine M. McDaniel, 61, died Thursday afternoon at Elkhart Hospice House. She was born Feb. 16, 1953 in Noble County, to Everett and Nyra Lucille (Reynolds) McDaniel. Surviving are two sisters, Patty (William) Wray, Paducah, Ky. and Bever

    July 19, 2014 1 Photo

Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
AP Video
Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow
Poll

With military action and tensions escalating between Russia and Ukraine, as well as Israel and Palestine, are you worried that the U.S. and other nations may get drawn into these conflicts?

Yes, it is a great concern of mine
I’m a little worried, but not too much
No, I’m not worried at all
     View Results