And so it goes, the cycle in Elkhart IN

rgatijnet1 wrote:
One thing to consider is that the demographics of RVing is changing. The current generation of Millennials just do not have the same interest in RV's as we do. They also do not have the same interest in home ownership, and many other things that identify with our generation. The sales of quite a few items are in a decline for the simple reason that the newer generations of buyers have other interests. Times are changing and unfortunately MANY things are being left behind.

I think that millennials have the interest, they just don't have the money. Thirty percent of them report that they would like to buy a home, but can't due to student loan debt, the average payment of which is $400 per month. The average student loan balance is $37,000. Many have much more debt, and many are not working in a field of their major, and have to take low wage jobs. They can't afford to have babies either. The birth rate is the lowest in US history. I read an article yesterday that said a major indicator of recession is now present, which has preceded every single recession since the 1930's. Paul Volcker say he "see's a hell of a mess in every direction". It's going to be a rocky road a head.