Goshen News, Goshen, IN

Business

January 1, 2014

2013 is the best year for the RV industry since the Great Recession

2013 is the best year for the RV industry since The Great Recession

GOSHEN — The recreational vehicle industry is having one of its best years ever and is on track to reach its projected 10 percent gain in shipments.

Even in the traditionally slow month of November, shipments of recreational vehicles continued to surge. The Recreation Vehicle Industry Association said wholesale shipments of RVs to retailers jumped 5.8 percent in November over the same month in 2012.

And as of the end of November, the industry had shipped 299,451 RVs, the largest year-to-date total in six years. The growth in year-to-date shipments was 12.2 percent, according to the RVIA statistics.

The growth is a continuation of the industry’s climb back to prominence after the 2008-09 recession. And the growth is expected to continue into 2014.

“The growing strength in RV shipments is due to the strong affinity consumers have for RV travel and ownership coupled with strengthening economic conditions that have seen rising home and stock values, improved availability of credit, continued gains in jobs and incomes, and higher consumer confidence,” said Bill Baker, senior director of communications for the RVIA.

Some of those economic indicators are: home re-sales should reach 5.1 million in 2013, the best total in seven years, according to the National Association of Realtors; the national unemployment rate fell to 7 percent in November, a five-year low; the Consumer Confidence Survey in December rose to 78.1, up from 72 in November, according to the Conference Board; holiday retail sales rose 3.5 percent, according to Bloomberg.com; and U.S. automobile sales are at their highest mark since May 2007. According to Forbes.com, analysts expect auto sales to grow another 4 percent in 2014 to 16.2 million vehicles, which would bring the numbers back to a pre-recession level.

“Things are good,” said Richard Coon, RVIA president when he addressed his membership at the National RV Trade Show in early December. “Growth is everywhere, not just in North America interestingly enough. Growth in the RV industry is going up and up and up.”

Text Only
Business
  • RVIA will open office in Elkhart May 1 ELKHART — The Recreation Vehicle Industry Association will open its regional office in Elkhart May 1. The lobbying and marketing trade organization for the RV industry has its offices in Reston, Va. and the board of directors voted in March to open a

    April 24, 2014

  • BIZ GN140424 automakers china image Automakers scramble to woo young Chinese BEIJING -- At age 32, Jason Jia already is the kind of customer luxury automakers are seeking as competition grows in China's lucrative but crowded market. The energy industry consultant has traded up from a Volkswagen Polo to a VW GTI. Now, as he st

    April 24, 2014 1 Photo

  • BIZ GN0424 infuse salon Infuse Salon relocates in Middlebury MIDDLEBURY — Infuse Salon in Middlebury has been around since 2009, under new ownership since 2012 and recently launched a website that allows customers to book appointments online. So Monday’s ribbon-cutting ceremony at the salon’s location along U

    April 23, 2014 1 Photo

  • Seed corn company expanding Howe facility HOWE — An agriculture company will invest $4 million to expand its local facility. Acccording to the LaGrange County Economic Development Corp., Gro Alliance will add a warehouse and six new corn dryers to its seed corn operation near Howe. Additiona

    April 22, 2014

  • BIZ GN0423 economy image Spring lifts U.S. economy WASHINGTON — Spring's thaw is reviving the economy, too. A recent batch of government and business reports show a U.S. economy emerging from winter's deep freeze. Economists had expected the growth to accelerate in 2014 after two years of slow and

    April 22, 2014 1 Photo

  • NWS GN140421 jobless rate Elkhart County jobless rate drops to 5.8 percent

    Elkhart County’s jobless rate dropped below 6 percent last month, according to figures released today by the Indiana Department of Workforce Development.
    The March unemployment rate for the county was estimated at 5.8 percent, compared to the February estimate of 6.2 percent and the March 2013 figure of 8.3 percent.

    April 21, 2014 1 Photo

  • BIZ GN0421 digital life review image Windows Phone advances with 8.1 update NEW YORK -- Microsoft's new Windows system for smartphones addresses many of the shortcomings in previous versions. Before, voice search lacked the natural language interactions of Apple's Siri and Google Now. The updated Windows Phone system has Cor

    April 21, 2014 1 Photo

  • BIZ GN140421 small business image Mentors help minority companies NEW YORK -- Mel Gravely says his construction company might not exist today if he didn't have mentors to guide it. Gravely's company, TriVersity, joined a program called a minority business accelerator even before he bought a controlling interest in

    April 21, 2014 1 Photo

  • BIZ GN0420 car talk image Beetle marks 65th year since entry into U.S. Sixty-five years after the first Volkswagen Beetle arrived in the United States as a distinctively shaped, little car, the Beetle keeps attracting buyers with its more-spacious-than-ever, flexible interior, turbo engine power and modernized iconic lo

    April 20, 2014 1 Photo

  • BIZ GN0420 tech talk image Mistakes businesses make with their home page Mistakes businesses make with their home page

    April 20, 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
Raw: Obama Tours Gyeongbok Palace Swimmer Michael Phelps Back in Competition Raw: Obama Lays Korean War Memorial Wreath Obama Leads Naturalization Ceremony in Seoul Calif. School Bus Crash Hurts Driver, 11 Kids Country Club for Exotic Cars Little Science Behind 'Pollen Vortex' Prediction US Proposes Pay-for-priority Internet Standards Wife Mourns Chicago Doctor Killed in Afghanistan FDA Proposes Regulations on E-cigarettes Kerry Warns Russia of Expensive New Sanctions Mideast Peace Talks Stall on Hamas Deal Cody Walker Remembers His Late Brother Paul Grieving South Korea Puts Up Yellow Ribbons Raw: Kerry Brings His Dog to Work Raw: Girls Survive Car Crash Into Their Bedroom Three U.S. Doctors Killed by Afghan Security Yankees' Pineda Suspended 10 Games for Pine Tar Colleagues Mourn Death of Doctors in Afghanistan Ukraine Launches Operation Against Insurgents
Poll

There has been discussion at West Goshen Elementary School to require mandatory student uniforms in the future. How do you feel about the prospect of mandatory student uniforms in a public school environment?

I think it’s an excellent idea that is way overdue
I think it’s a bad idea and would be restrictive for students and parents.
     View Results