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jkwilson's avatar
jkwilson
Explorer III
Apr 06, 2020

Optimism in the RV Industry

https://www.indystar.com/story/opinion/columnists/james-briggs/2020/04/05/why-elkhart-indiana-might-withstand-coronavirus-recession/2943101001/

Not sure I buy the logic completely. People who are working rarely have much time for the slower travel pace of an RV for longer trips. People who are retired who don’t already have an RV likely aren’t going to make the leap.

If we are fortunate, we’ll see how it turns out.
  • Naturally the RV execs are going to try to sound optimistic so as not to further affect the business as reflected in the statement "......, but we do believe the RV and boating industries will return to strength at the appropriate time in the future.” But "appropriate time in the future" could be anywhere from next month (unlikely) to 3 years or more from now (more likely).

    I think there will be far too many people affected financially to be willing to spend large amounts of money until the memory starts to fade.

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